New Jersey § 17:9a-356
Full text of New Jersey New Jersey Statutes § 17:9a-356, with citation guidance and answers to common questions.
§ 17:9a-356.
(1) An acquiring corporation may acquire ownership of all the outstanding shares of the capital stock of one or more
banks in the manner provided by this act. (2) Shares of capital stock of an acquiring corporation, or other securities convertible
into such shares, may be issued or delivered in exchange for shares of capital stock
of one or more participating banks pursuant to a plan of acquisition without first
being offered to existing shareholders of the acquiring corporation, (i) except, in
the case of an acquiring corporation organized on or after January 1, 1969, as otherwise
provided in its certificate of incorporation, or (ii) if, in the case of an acquiring
corporation organized prior to January 1, 1969, its certificate of incorporation,
as amended, so provides. (3) The method of acquiring bank shares authorized by this act is not exclusive, but
is in addition to any other lawful methods for the acquisition of bank shares by corporations.
Frequently Asked Questions About New Jersey § 17:9a-356
What does New Jersey Statutes § 17:9a-356 cover?
Section 17:9a-356 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-356?
A common citation format is "New Jersey Statutes § 17:9a-356" (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-356 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.