Statutes, codes, and regulations
New Jersey Administrative Code
Title 3 - BANKINGChapter 32 - CONVERSIONS OF ASSOCIATIONS
Subchapter 1 - CONVERSION OF A MUTUAL ASSOCIATION TO A CAPITAL STOCK ASSOCIATION
Section 3:32-1.1 - Authorization for conversion

N.J. Admin. Code § 3:32-1.1

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Current through Register Vol. 56, No. 23, December 2, 2024
Section 3:32-1.1 - Authorization for conversion

An insured mutual association may convert to a capital stock association subject to the limitations and provisions at N.J.S.A. 17:12B-1 et seq., and this chapter. The association shall also be subject to the requirements at 12 CFR Part 303 , Subpart I and 12 CFR 333.4, relating to conversions from mutual to stock form.

N.J. Admin. Code § 3:32-1.1

Amended by 48 N.J.R. 1063(b), effective 5/16/2016
Amended by 55 N.J.R. 825(b), effective 5/1/2023