17:9A-200 - Merger agreement; authorization - New Jersey Statutes

17:9A-200.  Merger agreement;  authorization
    The boards of managers of the several savings banks proposing to merge shall, by a vote of two-thirds of the members of each board then in office, authorize the execution of a merger agreement which shall contain the matters required to be set forth as provided in section 134, so far as applicable, and,  for the purposes of this section, the word  "directors" as used in section  134, shall be deemed to mean managers.

     L.1948, c. 67, p. 342, s. 200.