There is a newer version of the New Jersey Revised Statutes
2016 New Jersey Revised Statutes
Title 17 - Corporations And Institutions For Finance And Insurance
Section 17:9A-145 - Obligation Of Bank To Pay Stockholder
NJ Rev Stat § 17:9A-145 (2016) What's This?
17:9A-145. Obligation of bank to pay stockholder
An offer by the bank and an acceptance thereof by the stockholder pursuant to section 140 and the determination of value upon proceedings brought pursuant to sections 141 and 142 shall constitute a debt of the receiving bank for the recovery of which an action will lie.
L.1948, c. 67, p. 288, s. 145.
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