New Jersey Statutes
§ 17:16X-6 — Application for commissioner's approval
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
6.A financial institution shall apply for the commissioner's approval to merge with a subsidiary other than a financial institution, and shall provide the information as required by this act and by rules and regulations adopted by the commissioner. An application shall be deemed approved on the 30th day after receipt by the commissioner, unless approved or disapproved earlier by the commissioner in writing. L.2000,c.70,s.6.
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Nearby Sections
8
§ 17:16X-1
Definitions regarding subsidiary mergers§ 17:16X-2
Conditions of merger§ 17:16X-3
Merger's legal compliance§ 17:16X-4
Merger plan contents§ 17:16X-5
Adoption of merger plan§ 17:16X-6
Application for commissioner's approval§ 17:16X-8
Dissention from the merger