New Jersey § 17:9a-141
Full text of New Jersey New Jersey Statutes § 17:9a-141, with citation guidance and answers to common questions.
§ 17:9a-141.
If a stockholder fails to accept the sum offered for his shares pursuant to section
one hundred forty, 1 he may, within three weeks after the receipt by him of the bank's offer of payment,
or, if no offer is made by the bank, within three weeks after the date upon which
his demand was served upon the bank as specified in section one hundred forty, institute
an action in the Superior Court for the appointment of a board of three appraisers
to determine the value of his shares of stock as of the day of the filing of the merger
agreement pursuant to section one hundred thirty-seven. 2 The court may proceed in the action in a summary manner or otherwise. Any other stockholder who has the right to institute a similar action may intervene. The court shall, in respect to any one bank, appoint a single board of three appraisers
to determine the value of the shares of all stockholders of such bank who are parties
to such action. 1
N.J.S.A. § 17:9A-140. 2
N.J.S.A. § 17:9A-137.
Frequently Asked Questions About New Jersey § 17:9a-141
What does New Jersey Statutes § 17:9a-141 cover?
Section 17:9a-141 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 17:9a-141?
A common citation format is "New Jersey Statutes § 17:9a-141" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 17:9a-141 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.