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2020 New Jersey Revised Statutes
Title 17 - Corporations and Institutions for Finance and Insurance
Section 17:13-121 - Grievance with action of commissioner; court proceedings for injunction
Universal Citation: NJ Rev Stat § 17:13-121 (2020)
17:13-121. Grievance with action of commissioner; court proceedings for injunction
Whenever any credit union or a member thereof deems itself or himself aggrieved by the commissioner's taking possession of that credit union, that credit union or member may at any time after the commissioner's taking possession, institute an action in the Superior Court to enjoin further proceedings. The court may proceed in a summary manner or otherwise.
L.1984, c. 171, s. 43, eff. Oct. 31, 1984.
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