17:9A-251. Perpetual existence for banks and savings banks heretofore or hereafter organized
44 words·~1 min read·
/nj/title-17/chapter-9a/17-9a-251A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every bank and savings bank heretofore or hereafter organized, regardless of the term of its existence specified in its certificate of incorporation, shall have perpetual existence, subject to liquidation and dissolution as otherwise provided in this act.
L.1948, c. 67, p. 370, s. 251.