N.J.S.A. 17:9A-327

Procedure on revocation

17:9A-327. Procedure on revocation Before any certificate of authority or renewal of a certificate of authority of a foreign bank shall be revoked by the commissioner, he shall afford the foreign bank a hearing at which it may show cause why such revocation should not be made. The commissioner shall give the foreign bank at least ten days notice by registered mail of such hearing, addressed to its principal office as shown on the records of the department. L.1948, c. 67, p. 409, s. 327.

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This is the verbatim text of N.J.S.A. 17:9A-327, 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-327 — Procedure on revocation | Kyzer