17:16M-3. Application for conversion to savings bank
117 words·~1 min read·
/nj/title-17/chapter-16m/17-16m-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An application by a State association to convert to a savings bank shall contain the following:
a. Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of the president or vice-president, and the secretary of the meeting;
b. A certified copy of the resolution of the board of directors authorizing the conversion;
c. A certificate of incorporation meeting the requirements set forth in section 7 of P.L.1948, c.67 (C.17:9A-7) or section 2 of P.L.1982, c.9 (C.17:9A-8.2);
d. Copies of all applications and approvals required from federal regulators incident to the conversion; and
e. Such other information or materials as the commissioner may require by regulation.
L.1991,c.42,s.3.