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

    Chapter 9a:

      Section: 17:9a-131.3: Borrowing to be pursuant to act only

           No bank shall borrow money for the purpose of retiring preferred stock except pursuant to this act.

L.1953, c. 215, p. 1622, s. 3.



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






Older versions of 17:9a-131.3 (if available):



Court decisions that cite this statute: CLICK HERE.