17:9A-8.16. Federal savings bank; conversion
46 words·~1 min read·
/nj/title-17/chapter-9a/17-9a-8-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No savings bank or capital stock savings bank shall convert to a federal savings bank without the approval of the commissioner. The commissioner shall approve the conversion if he finds it to be in the public interest.
L.1982, c. 9, s. 16, eff. March 4, 1982.