17:14A-29. Branch offices; capital requirements; location
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/nj/title-17/chapter-14a/17-14a-29·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A safe deposit company may, pursuant to a resolution of its board of directors and by an amendment to its certificate of incorporation to increase its capital stock in an amount of at least $100,000.00 for each branch office to be established and maintained, establish and maintain a branch office or offices as hereinafter provided.
L.1983, c. 566, s. 17:14A-29.