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

    Chapter 9a:

      Section: 17:9a-145: Obligation of bank to pay stockholder

           An offer by the bank and an acceptance thereof by the stockholder pursuant to section 140 and the determination of value upon proceedings brought pursuant to sections 141 and 142 shall constitute a debt of the receiving bank for the recovery of which an action will lie.

L.1948, c. 67, p. 288, s. 145.



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






Older versions of 17:9a-145 (if available):



Court decisions that cite this statute: CLICK HERE.