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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 16x:
Section: 17:16x-1: Definitions regarding subsidiary mergers
1. For purposes of this act:
"Commissioner" means the Commissioner of Banking and Insurance.
"Financial institution" means a bank, savings bank or savings and loan association.
"Subsidiary" means a corporation, limited liability company, partnership or other entity in which a financial institution owns not less than 80\% of that entity's equity.
L.2000,c.70,s.1.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:16x-1 (if available):
Court decisions that cite this statute:
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