New Jersey § 17:9a-358
Full text of New Jersey New Jersey Statutes § 17:9a-358, with citation guidance and answers to common questions.
§ 17:9a-358.
(1) The plan of acquisition, executed by all the parties thereto, shall be submitted
to the commissioner who shall, within 60 days from the date of such submission, endorse
thereon his approval or disapproval. If the commissioner disapproves the plan of acquisition, he shall forthwith file
a memorandum in the department stating the reasons for his disapproval, and shall
mail a copy of the memorandum to the acquiring corporation and each participating
bank. The commissioner shall not withhold his approval unless he shall find that the plan
of acquisition contains provisions which do not conform to law, or that the plan of
acquisition is not in the public interest. (2) The commissioner's disapproval of a plan of acquisition shall be subject to review,
hearing and relief in the Superior Court in a proceeding in lieu of prerogative writ.
Frequently Asked Questions About New Jersey § 17:9a-358
What does New Jersey Statutes § 17:9a-358 cover?
Section 17:9a-358 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-358?
A common citation format is "New Jersey Statutes § 17:9a-358" (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-358 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.