N.J.S.A. 17:9A-145

Obligation of bank to pay stockholder

17:9A-145. Obligation of bank to pay stockholder An offer by the bank and an acceptance thereof by the stockholder pursuant to section 140 and the determination of value upon proceedings brought pursuant to sections 141 and 142 shall constitute a debt of the receiving bank for the recovery of which an action will lie. L.1948, c. 67, p. 288, s. 145.

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This is the verbatim text of N.J.S.A. 17:9A-145, 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. 17:9A-145 — Obligation of bank to pay stockholder | Kyzer