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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 9a:

      Section: 17:9a-129: Consideration for preferred stock

           Except to the extent otherwise expressly provided in this act, no bank shall issue its preferred stock for any consideration other than money.

L.1948, c. 67, p. 281, s. 129.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:9a-129 (if available):



Court decisions that cite this statute: CLICK HERE.