Section 17:9A-131.24 - Nonconvertible capital notes; issuance pursuant to resolution

NJ Rev Stat § 17:9A-131.24 (2019) (N/A)
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17:9A-131.24. Nonconvertible capital notes; issuance pursuant to resolution

Nonconvertible capital notes may be issued pursuant to a resolution of a bank's board of directors without action by the bank's stockholders.

L.1966, c. 272, s. 5.