N.J.S.A. 17:16M-3

Application for conversion to savings bank

17:16M-3. Application for conversion to savings bank An application by a State association to convert to a savings bank shall contain the following: a. Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of the president or vice-president, and the secretary of the meeting; b. A certified copy of the resolution of the board of directors authorizing the conversion; c. A certificate of incorporation meeting the requirements set forth in section 7 of P.L.1948, c.67 (C.17:9A-7) or section 2 of P.L.1982, c.9 (C.17:9A-8.2); d. Copies of all applications and approvals required from federal regulators incident to the conversion; and e. Such other information or materials as the commissioner may require by regulation. L.1991,c.42,s.3.

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This is the verbatim text of N.J.S.A. 17:16M-3, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 17:16M-3 — Application for conversion to savings bank | Kyzer