N.J. Stat. § 17:48E-46.10

Current through L. 2024, c. 87.
Section 17:48E-46.10 - Plan of dissolution

Upon any voluntary dissolution of a mutual holding company in accordance with N.J.S. 15A:12-2, 15A:12-3, 15A:12-4, 15A:12-5, 15A:12-6, 15A:12-7, or section 19 of P.L. 1992, c.65 (C.17B:32-49), the mutual holding company shall adopt a plan of dissolution in accordance with N.J.S. 15A:12-8. The plan shall provide that any assets of the mutual holding company remaining after the discharge of all liabilities and obligations, if any, shall be distributed in accordance with N.J.S. 15A:12-8.

N.J.S. § 17:48E-46.10

Added by L. 2020, c. 145, s. 10, eff. 12/23/2020.