New Jersey § 17:9a-402
Full text of New Jersey New Jersey Statutes § 17:9a-402, with citation guidance and answers to common questions.
§ 17:9a-402.
Whenever the board of directors of a subsidiary capital stock savings bank deems it
advisable to amend the certificate of incorporation, it shall adopt a resolution setting
forth the proposed amendment, which amendment shall be approved, at a meeting of the
stockholders entitled to vote, by at least 2 / 3 of the capital stock entitled to vote. If the holders of 2 / 3 of the shares of capital stock entitled to vote approve the amendment, a certificate
of this approval setting forth the amendment and certifying that the amendment was made for a purpose
authorized by law in the manner specified by this section, shall be attested by two officers of the bank, one of whom shall be the president
or vice president, and shall be submitted to the commissioner for approval. A filing shall be deemed approved on the 30th day after receipt by the commissioner,
unless approved or denied earlier by the commissioner in writing. Upon approval pursuant to this section, the certificate of incorporation shall thereupon
be amended as set forth in the certificate of amendment.
Frequently Asked Questions About New Jersey § 17:9a-402
What does New Jersey Statutes § 17:9a-402 cover?
Section 17:9a-402 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-402?
A common citation format is "New Jersey Statutes § 17:9a-402" (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-402 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.