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17:9A-180.9 - "Surplus"  defined

17:9A-180.9.   "Surplus"  defined    As used in sections 2 and 3 hereof, surplus of a savings bank shall mean the  total of its surplus, undivided profits and unallocated reserves, and shall be  the amount shown as the total surplus accounts in the latest report of  condition made and filed as required by section 256(A) of the Banking Act of  1948.

     L.1953, c. 78, p. 1001, s. 5.  Amended by L.1958, c. 153, p. 668, s. 1.
 

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