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NEW JERSEY STATUTES AND CODES

17:16M-3 - Application for conversion to savings bank 

17:16M-3.    Application for conversion to savings bank 
     An application by a State association to convert to a savings bank shall contain the following: 

    a.   Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of the president or vice-president, and the secretary of the meeting; 

    b.   A certified copy of the resolution of the board of directors authorizing the conversion; 

    c.   A certificate of incorporation meeting the requirements set forth in section 7 of P.L.1948, c.67 (C.17:9A-7) or section 2 of P.L.1982, c.9 (C.17:9A-8.2); 

    d.   Copies of all applications and approvals required from federal regulators incident to the conversion; and 

    e.   Such other information or materials as the commissioner may require by regulation. 

    L.1991,c.42,s.3. 
 

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