{"data":{"id":"us-nj/n.j.-stat.-17-9a-383","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-383","heading":"Prior approval","body":"2.     No person shall, without the prior approval of the commissioner, acting directly or indirectly or through or in concert with one or more persons:\na.     Obtain or exercise control of a capital stock savings bank;\nb.     Offer to acquire beneficial ownership or control of any voting shares of a capital stock savings bank if, after the acquisition, the person would beneficially own or control more than 25% of the then-outstanding voting shares of the capital stock savings bank; or\nc.     Acquire beneficial ownership or control of any voting shares of a capital stock savings bank, if, after the acquisition, the person would beneficially own or control more than 25% of the then-outstanding voting shares of the capital stock savings bank.\nL.1987,c.201,s.2; amended 1995,c.24,s.2.","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":"5b144161f7151ada1ab5be5f1a6a53ac127fa359b083dadbebba7bce538cb153","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-382","next":"us-nj/n.j.-stat.-17-9a-384"},"notice":"GroundRules: Original legal text. Not legal advice."}