N.J.S.A. 17:9A-153 — Rights of dissenting stockholders

17:9A-153. Rights of dissenting stockholders A stockholder of a national banking association which converts into a bank pursuant to this article may make a demand for and receive payment of the value of his shares in such association in the manner defined, prescribed and limited by applicable Federal law, and the bank shall make such payment to such stockholder, and shall pay the costs of appraisal, in the amount and in the manner required by applicable Federal law. L.1948, c. 67, p. 291, s. 153. Amended by L.1951, c. 41, p. 152, s. 6.

This is the verbatim text of N.J.S.A. 17:9A-153, 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.