Section 17:9A-8.16 - Federal savings bank; conversion

NJ Rev Stat § 17:9A-8.16 (2019) (N/A)
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17:9A-8.16. Federal savings bank; conversion

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.