New Jersey Statutes

§ 17:9A-171 — Effect of reorganization upon claims and property

New Jersey § 17:9A-171
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:9A-171 (Effect of reorganization upon claims and property) 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-171 (2026).

Text

Upon the issuance of the certificate of authority pursuant to subsection C of section 168, (1) the plan shall be binding upon the bank and upon all of its depositors, other creditors and stockholders; and (2) the property dealt with by the plan shall be free and clear of all claims and interests, except as provided in the plan or in such order as the court may make authorizing or directing the transfer of such property. L.1948, c. 67, p. 303, s. 171.

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Bluebook (online)
New Jersey § 17:9A-171, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-171.