17:16M-3 - Application for conversion to savings bankĀ
17:16M-3. Application for conversion to savings bankĀ
An application by a State association to convert to a savings bank shall contain the following:Ā
a. Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of the president or vice-president, and the secretary of the meeting;Ā
b. A certified copy of the resolution of the board of directors authorizing the conversion;Ā
c. A certificate of incorporation meeting the requirements set forth in section 7 of P.L.1948, c.67 (C.17:9A-7) or section 2 of P.L.1982, c.9 (C.17:9A-8.2);Ā
d. Copies of all applications and approvals required from federal regulators incident to the conversion; andĀ
e. Such other information or materials as the commissioner may require by regulation.Ā
L.1991,c.42,s.3.Ā
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An application by a State association to convert to a savings bank shall contain the following:Ā
a. Duplicate copies of the minutes of the proceedings of the meeting of the members or stockholders, verified by the affidavit of the president or vice-president, and the secretary of the meeting;Ā
b. A certified copy of the resolution of the board of directors authorizing the conversion;Ā
c. A certificate of incorporation meeting the requirements set forth in section 7 of P.L.1948, c.67 (C.17:9A-7) or section 2 of P.L.1982, c.9 (C.17:9A-8.2);Ā
d. Copies of all applications and approvals required from federal regulators incident to the conversion; andĀ
e. Such other information or materials as the commissioner may require by regulation.Ā
L.1991,c.42,s.3.Ā
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