{"data":{"id":"us-nj/n.j.-stat.-17-9a-133","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-133","heading":"What banks may merge;  means of effectuation of merger","body":"A.  Any two or more banks may, with the approval of the commissioner, merge  one or more of them into another of them as provided in this article.\nB.  A merger may be effected by any one or by any combination of any two or  more or all of the following methods:\n(1) By the exchange of shares of capital stock of each merging bank for the  shares of capital stock of the receiving bank;\n(2) By the exchange of shares of capital stock of each merging bank for the  shares of capital stock of a company as such term is defined in paragraph (3)  of section 132 (C. 17:9A-132);\n(3) By the exchange of shares of capital stock of each merging bank for capital notes of the receiving bank;\n(4) By the exchange of shares of capital stock of each merging bank for cash  received from the receiving bank or from a company as such term is defined in  paragraph (3) of section 132 (C. 17:9A-132);\n(5) By the exchange of shares of capital stock of each merging bank for capital notes of a company as such term is defined in paragraph (3) of section 132 (C. 17:9A-132).\nL.1948, c. 67, p. 281, s. 133.  Amended by L.1968, c. 415, s. 3;  L.1973, c. 211, s. 3, eff. Jan. 1, 1973;  L.1977, c. 417, s. 8, eff. Feb. 24, 1978.","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":"2cab2679eb9cbbcceac465a2e495e441063f651ab1260db7bdbeb94f374dc25a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-132","next":"us-nj/n.j.-stat.-17-9a-133.1"},"notice":"GroundRules: Original legal text. Not legal advice."}