New Jersey § 17:9a-363
Full text of New Jersey New Jersey Statutes § 17:9a-363, with citation guidance and answers to common questions.
§ 17:9a-363.
(1) A dissenting stockholder may not withdraw his demand for payment of the fair value
of his shares without the written consent of the participating bank. (2) The enforcement by a dissenting stockholder of his right to receive payment for
his shares shall exclude the enforcement by such dissenting stockholder of any other
right to which he might otherwise be entitled by virtue of share ownership, except
as provided in subsection (2) of section 8 1 and except that this subsection shall not exclude the right of such dissenting stockholder
to bring or maintain an appropriate action to obtain relief on the ground that consummation
of the plan of acquisition will be or is ultra vires, unlawful or fraudulent as to
such dissenting stockholder. 1
N.J.S.A. § 17:9A-362.
Frequently Asked Questions About New Jersey § 17:9a-363
What does New Jersey Statutes § 17:9a-363 cover?
Section 17:9a-363 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-363?
A common citation format is "New Jersey Statutes § 17:9a-363" (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-363 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.