N.J. Stat. § 17:9A-131.30

Current through L. 2024, c. 87.
Section 17:9A-131.30 - Issuance of capital notes, debentures

No bank shall hereafter issue capital notes or debentures except pursuant to P.L. 1966, c.272 (C.17:9A-131.20 et seq.), provided, however, that P.L. 1966, c.272 (C.17:9A-131.20 et seq.) shall not affect the authority of a bank to issue debt, including notes or debentures, under subsection (3) of section 24 of P.L. 1948, c.67 (C.17:9A-24) which debt shall not be included in the bank's capital funds pursuant to section 10 of P.L. 1966, c.272 (C.17:9A-131.29).

N.J.S. § 17:9A-131.30

L.1966, c.272, s.11; amended c. 47, s. 2.