17:14A-17. Payment of capital; filing proof with commissioner
46 words·~1 min read·
/nj/title-17/chapter-14a/17-14a-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The full amount of capital shall be paid in, in cash, before a safe deposit company transacts any business, except that which relates to its organization. The payment shall be certified to the commissioner under oath of two of its officers.
L.1983, c. 566, s. 17:14A-17.