17:9A-131.3. Borrowing to be pursuant to act only
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/nj/title-17/chapter-9a/17-9a-131-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No bank shall borrow money for the purpose of retiring preferred stock except pursuant to this act.
L.1953, c. 215, p. 1622, s. 3.