New Jersey § 17:14A-58 Control of safe deposit company;  approval or disapproval of application

New Jersey Statutes

§ 17:14A-58 — Control of safe deposit company; approval or disapproval of application

New Jersey § 17:14A-58

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:14A-58 (Control of safe deposit company; approval or disapproval of application) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 17:14A-58 (2026).

Text

The commissioner shall notify the applicant in writing of his approval or disapproval of the application to acquire control within 90 days after its filing unless he shall advise the applicant in writing before the expiration of the 90-day period of his determination to extend the period for an additional 90 days. If the commissioner shall disapprove the application, he shall set forth his reasons therefor in the notification to the application. L.1983, c. 566, s. 17:14A-58.

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The commissioner shall notify the applicant in writing of his approval or disapproval of the application to acquire control within 90 days after its filing unless he shall advise the applicant in writing before the expiration of the 90-day period of his determination to extend the period for an additional 90 days. If the commissioner shall disapprove the application, he shall set forth his reasons therefor in the notification to the application. L.1983, c. 566, s. 17:14A-58.