New Jersey § 17:12b-198

§ 17:12b-198.

a. One or more State associations may, with the approval of the commissioner, merge

with an out-of-State association or associations, or with a federal association or

associations, each with their principal office outside of this State, pursuant to

sections 198 through 212 of P.L.1963, c. 144 ( C.17:12B-198 through 17:12B-212 ). b. The commissioner may not permit a merger involving an association and an out-of-State

association or federal association unless the home state of each out-of-State association

and federal association involved in the transaction has in effect, as of the date

of the approval of such transaction, a law that permits interstate merger transactions

with associations whose home state is this State. c. A resulting association that is an out-of-State association shall file with the

commissioner in a manner which is consistent with regulations adopted by the commissioner

for this purpose.