New Jersey Statutes
§ 17:9A-131.22 — Capital notes issued for cash; limitation on conversion of convertible capital notes
New Jersey § 17:9A-131.22
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:9A-131.22 (Capital notes issued for cash; limitation on conversion of convertible capital notes) 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. § 17:9A-131.22 (2026).
Text
Capital notes may be issued only for cash. Convertible capital notes issued by a bank may be converted only into common stock of the issuing bank or of a company as such term is defined in P.L.1957, c. 70, s. 1 (C. 17:9A-344), as amended, owning more than 25% of the capital stock of such bank. L.1966, c. 272, s.
3.Amended by L.1971, c. 188, s. 1, eff. June 2, 1971.
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Nearby Sections
15
§ 17:9A-1
Definitions§ 17:9A-100
Liability of stockholders§ 17:9A-101
Directors; number; method of determination§ 17:9A-103
Directors; stock ownership, oath§ 17:9A-104
Directors; disqualification§ 17:9A-105
Directors; quorum; actions§ 17:9A-106
Directors; compensation§ 17:9A-107
Chairman of board of directors§ 17:9A-108
Directors; executive committee§ 17:9A-109
Directors; qualified bank; trust committee§ 17:9A-110
Directors; other committees§ 17:9A-111
Officers; election; appointment; limitationCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:9A-131.22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-131.22.