{"data":{"id":"us-nj/n.j.-stat.-17-16x-1","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:16X-1","heading":"Definitions regarding subsidiary mergers","body":"1.\tFor purposes of this act:\n\"Commissioner\" means the Commissioner of Banking and Insurance.\n\"Financial institution\" means a bank, savings bank or savings and loan association.\n\"Subsidiary\" means a corporation, limited liability company, partnership or other entity in which a financial institution owns not less than 80% of that entity's equity.\nL.2000,c.70,s.1.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"747df4a2ff7a5d32e626013b37db1ff3df2a772d1c4fea0e48b21c0f325f1f6a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-16w-11","next":"us-nj/n.j.-stat.-17-16x-2"},"notice":"GroundRules: Original legal text. Not legal advice."}