New Jersey Revised Statutes § 17:9a-301 - Continuance Of Liquidation By Commissioner

17:9A-301. Continuance of liquidation by commissioner
If, at a stockholder's meeting held pursuant to section 299, the stockholders vote to have liquidation continued by the commissioner, the commissioner shall continue with the liquidation, and shall wind up the affairs of the bank and shall make distribution of the proceeds thereof to the stockholders in the same manner, with all the powers and subject to all the duties as in this article provided.

L.1948,c.67,s.301.


Section: Previous  17-9a-294  17-9a-295  17-9a-296  17-9a-297  17-9a-298  17-9a-299  17-9a-300  17-9a-301  17-9a-302  17-9a-303  17-9a-304  17-9a-305  17-9a-306  17-9a-307  17-9a-308  Next

Last modified: October 11, 2016