New Jersey Statutes
§ 17:9A-322 — Certificate of authority to continue in force
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
322.A certificate of authority issued to a foreign bank shall continue in force, unless revoked by the commissioner or surrendered by the foreign bank. The commissioner may adopt regulations establishing requirements for periodic renewal of a certificate of authority, and for notification to the commissioner if a foreign bank named in a certificate of authority desires to surrender the certificate or merges with or is acquired by another financial institution or company. Failure to provide any notification required by regulations promulgated by the commissioner shall be grounds for revocation of the certificate. L.1948,c.67,s.322; amended 1999, c.159, s.9.
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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; limitation