New Jersey Administrative Code
Title 3 - BANKING
Chapter 32 - CONVERSIONS OF ASSOCIATIONS
Subchapter 1 - CONVERSION OF A MUTUAL ASSOCIATION TO A CAPITAL STOCK ASSOCIATION
Section 3:32-1.1 - Authorization for conversion
Universal Citation: NJ Admin Code 3:32-1.1
Current through Register Vol. 56, No. 6, March 18, 2024
An insured mutual association may convert to a capital stock association subject to the limitations and provisions at N.J.S.A. 17:12B-1 et seq., and this chapter. The association shall also be subject to the requirements at 12 CFR Part 303 , Subpart I and 12 CFR 333.4, relating to conversions from mutual to stock form.
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