N.J.S.A. 17:16X-1

Definitions regarding subsidiary mergers

17:16X-1. Definitions regarding subsidiary mergers 1. For purposes of this act: "Commissioner" means the Commissioner of Banking and Insurance. "Financial institution" means a bank, savings bank or savings and loan association. "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. L.2000,c.70,s.1.

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This is the verbatim text of N.J.S.A. 17:16X-1, 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. 17:16X-1 — Definitions regarding subsidiary mergers | Kyzer