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Code · New Jersey · Title 17 — Notice and Publication · Chapter 9A

17:9A-145. Obligation of bank to pay stockholder

54 words·~1 min read·/nj/title-17/chapter-9a/17-9a-145

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An offer by the bank and an acceptance thereof by the stockholder pursuant to section 140 and the determination of value upon proceedings brought pursuant to sections 141 and 142 shall constitute a debt of the receiving bank for the recovery of which an action will lie.
L.1948, c. 67, p. 288, s. 145.
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