New Jersey Statutes

§ 17:9A-193 — Officers and managers; compensation

New Jersey § 17:9A-193
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:9A-193 (Officers and managers; compensation) 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-193 (2026).

Text

A savings bank may pay its managers for attendance at meetings of the board, or for service upon committees, or for other service rendered, such reasonable compensation as shall be from time to time fixed by a vote of a majority of the board of managers; and it may pay its officers and employees such reasonable compensation as shall be fixed by the managers. The commissioner may direct that the amount of such compensation be reduced if in his judgment it is excessive. L.1948, c. 67, p. 334, s. 193.

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Bluebook (online)
New Jersey § 17:9A-193, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A9A-193.