17:16J-12. Effective date; merger
95 words·~1 min read·
/nj/title-17/chapter-16j/17-16j-12·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The merger shall become effective upon the last to occur of the following:
a. In the case of a mutual depository, on the date the approved merger agreement or plan of acquisition is filed with the department as provided in section 10 of this act;
b. In the case of a capital stock depository, on the date the stockholders' vote is certified to the commissioner as provided in section 11 of this act; or
c. Where required, all necessary federal approvals have been obtained or waived.
L.1982, c. 8, s. 12, eff. March 4, 1982.