New Jersey § 17:9a-180
Full text of New Jersey New Jersey Statutes § 17:9a-180, with citation guidance and answers to common questions.
§ 17:9a-180.
A savings bank may, in addition to other investments presently or from time to time
hereafter authorized by law, subscribe for, purchase, hold and surrender from time
to time debentures of any trust company organized under the laws of New York State
for the purpose of securing credit accommodations at such trust company, provided
all of the stock of such trust company is owned by not less than 20 savings banks
organized under the laws of New York State, and any participation certificates or
any other form of participation, though junior in interest, issued by any such trust
company representing participation in first mortgages assigned by a savings bank in
payment of debentures of any such trust company.
Frequently Asked Questions About New Jersey § 17:9a-180
What does New Jersey Statutes § 17:9a-180 cover?
Section 17:9a-180 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-180?
A common citation format is "New Jersey Statutes § 17:9a-180" (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-180 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.