Section 17:12B
- 17:12B-1 - Construction as revision of prior laws
- 17:12B-2 - Citation
- 17:12B-3 - Application of act
- 17:12B-3.1 - Contracts with association supervisors of other states
- 17:12B-4 - Determination of members' rights and liabilities
- 17:12B-5 - Definitions
- 17:12B-6 - Gross income
- 17:12B-7 - Net income
- 17:12B-8 - Principal office; branch office; auxiliary office; remote service unit
- 17:12B-9 - Agency
- 17:12B-10 - Per capita assets
- 17:12B-11 - Mortgage deemed first lien
- 17:12B-12 - Purposes
- 17:12B-13 - Persons who may form corporation
- 17:12B-14 - Contents of certificate of incorporation of a mutual association
- 17:12B-15 - Original by-laws
- 17:12B-16 - Application to commissioner for approval
- 17:12B-17 - Notice of application and hearing thereon
- 17:12B-18 - Guaranty account
- 17:12B-19 - Hearing
- 17:12B-20 - Commissioner's findings as to mutual association application
- 17:12B-21 - Commissioner's decision
- 17:12B-22 - Certificate to be filed
- 17:12B-23 - Time limit for commencing business
- 17:12B-24 - Establishment, operation of branch offices by State association
- 17:12B-24.1 - Change of location of office of State association
- 17:12B-24.2 - Powers of out-of-State, State association
- 17:12B-27.2 - Time limit for opening branch office; discontinuance of branch office
- 17:12B-28 - Interchange of principal and branch offices
- 17:12B-29 - Auxiliary offices
- 17:12B-30 - Auxiliary office, establishment, location
- 17:12B-31 - Auxiliary office, permitted business transactions
- 17:12B-32 - Business to be transacted only with persons outside structure
- 17:12B-33 - Property to be used for auxiliary office; parking facilities
- 17:12B-34 - Auxiliary office not deemed branch or limited facility branch office
- 17:12B-35 - Other powers not affected
- 17:12B-36 - Measurement of distances
- 17:12B-37 - Agencies
- 17:12B-37.1 - Remote service units; establishment or use; sharing; regulations
- 17:12B-38 - By-laws
- 17:12B-38.1 - Association official immunity
- 17:12B-39 - Commissioner's approval required
- 17:12B-40 - Change of office location
- 17:12B-40.1 - Failure to open and operate relocated principal office; effect
- 17:12B-45 - Failure to open and operate relocated principal office; effect
- 17:12B-46 - Change of name
- 17:12B-46.1 - Definitions relative to emergency closings
- 17:12B-46.2 - Proclamation of emergency
- 17:12B-46.3 - Action by officers after proclamation of emergency
- 17:12B-46.4 - Duration of emergency
- 17:12B-46.5 - Action by officers when no emergency proclaimed
- 17:12B-46.6 - Responsibility of officers
- 17:12B-46.7 - Notice to commissioner
- 17:12B-46.8 - Effect of emergency closing
- 17:12B-46.9 - Associations to be saved harmless
- 17:12B-46.10 - Regulations of the commissioner
- 17:12B-46.11 - Construction of act
- 17:12B-46.12 - Short title
- 17:12B-47 - General powers
- 17:12B-48 - Powers of association
- 17:12B-49 - Rental and maintenance of safe deposit boxes
- 17:12B-50 - Pension plans
- 17:12B-51 - Provisions of pension plan
- 17:12B-52 - Eligibility for pension payments
- 17:12B-53 - Determination of amount; specification in pension plan
- 17:12B-54 - Excess payments; employee contributions
- 17:12B-55 - Death benefits
- 17:12B-56 - Appropriation for payments; merger of associations
- 17:12B-57 - Submission of pension plan for approval of commissioner
- 17:12B-58 - Plans sponsored by federal home loan banks
- 17:12B-59 - Contracts for pension payments to retired officers and employees
- 17:12B-60 - Discontinuance of participation in pension plan
- 17:12B-61 - Transmission of money; money orders; travel checks
- 17:12B-62 - Directors, number, powers
- 17:12B-62.1 - Association deemed in compliance with prohibition on interlocking relationships
- 17:12B-63 - Director's election; vacancies
- 17:12B-64 - Attorneys; employees
- 17:12B-65 - Officers
- 17:12B-66 - Officers' powers
- 17:12B-67 - Oath of office of directors and officers
- 17:12B-67.1 - Disqualification of officers, directors or employees; conviction of crime; pendency of appeal
- 17:12B-67.2 - Penalty
- 17:12B-68 - Minimum account requirements for directors
- 17:12B-69 - Loans to officers, directors, attorneys or employees
- 17:12B-70 - Default by directors and officers
- 17:12B-71 - Restriction upon purchase of accounts
- 17:12B-72 - Limitation of expenses
- 17:12B-73 - Bonds required; indemnification of officers, directors and employees
- 17:12B-74 - Membership generally
- 17:12B-75 - Plans
- 17:12B-76 - Nonshare plan
- 17:12B-77 - Share plan
- 17:12B-78 - Limitation upon accounts
- 17:12B-79 - Forms of certificate
- 17:12B-80 - Governmental agencies may be members
- 17:12B-81 - Minors
- 17:12B-82 - Membership trust accounts
- 17:12B-83 - Applicability to moneys paid to account by trustee under will, other fiduciary instrument, court order or decree
- 17:12B-84 - Release from claims of fiduciaries, beneficiaries or legal representatives
- 17:12B-85 - Rights of beneficiary on death of fiduciary; effect of laws requiring valid testamentary disposition
- 17:12B-86 - Applicability to federal associations having principal offices in state
- 17:12B-87 - Authority of attorney to manage or make withdrawals from account
- 17:12B-89 - Payment to credit of account of beneficiaries or their order
- 17:12B-90 - Payment to credit of account when beneficiaries under 16 years of age
- 17:12B-91 - Payment when account terminated and one or more beneficiaries under, and one or more beneficiaries over, 16 years of age
- 17:12B-103 - Pledge of account to association
- 17:12B-106 - Acceptance of accounts in name of one or more administrators, custodians, executors, guardians, trustees or other fiduciaries in trust for named beneficiary
- 17:12B-109 - Necessity for actual notice of death or incompetency of savings member
- 17:12B-110 - Transfer of membership
- 17:12B-111 - Lost certificates and account books
- 17:12B-112 - Termination of membership
- 17:12B-113 - Notice to members
- 17:12B-114 - Meeting place
- 17:12B-115 - Meetings
- 17:12B-116 - Quorum
- 17:12B-117 - Confidential relationship of an association to its members
- 17:12B-118 - Procedure to obtain information or communicate with members
- 17:12B-119 - Costs and expenses incidental to application for information; payment by applicant
- 17:12B-120 - Application for communication with other members; preparation and mailing of copies of communication; payment of costs and expenses by applicant
- 17:12B-121 - Application for order requiring state association to grant application for information or to communicate with members
- 17:12B-122 - Hearing before commissioner; designation of time and place; notice; adjournments
- 17:12B-123 - Merits of application; determinations by commissioner
- 17:12B-124 - Decision of commissioner; filing memorandum; notice
- 17:12B-125 - Exclusive procedure; review of commissioner's action; effect of failure to act
- 17:12B-125.1 - Application of sections 118 through 124 to federal associations
- 17:12B-126 - Voting rights of members
- 17:12B-127 - Determination of net income
- 17:12B-128 - General reserve, bad debt reserves and Federal insurance reserve accounts
- 17:12B-129 - Special reserve accounts
- 17:12B-130 - Dividend participation; exceptions
- 17:12B-131 - Undivided profits account
- 17:12B-132 - Restrictions upon reserves and undivided profits account
- 17:12B-133 - Reward profit or bonus plan
- 17:12B-134 - Application for withdrawal
- 17:12B-135 - Cancellation of withdrawal application
- 17:12B-136 - Association operating under Plan 1; payment on presentation of withdrawal application or other notice
- 17:12B-137 - Association operating under other than Plan I; payment on presentation of withdrawal application; other procedure
- 17:12B-138 - Funds required for withdrawals
- 17:12B-139 - Rotation plan
- 17:12B-140 - Payment of withdrawals on other plans and purchase of accounts prohibited; authority of commissioner
- 17:12B-141 - Application of withdrawal value to indebtedness
- 17:12B-142 - Dividend retention
- 17:12B-143 - Restrictions on actions
- 17:12B-144 - Retirement
- 17:12B-145 - Investments authorized
- 17:12B-145.1 - Origination, acquisition of mortgage loans by association
- 17:12B-155 - Procedure for making other loans
- 17:12B-156 - Investments in additional loans
- 17:12B-157 - Property improvement loans without mortgage liens
- 17:12B-158 - Definitions as used in sections 159 through 164 (C. 17:12B-159 through C. 17:12B-164) of this act
- 17:12B-159 - Limitations on such loans
- 17:12B-160 - Charges on such loans
- 17:12B-162 - Schedules of charges
- 17:12B-163 - Rebates on prepayment
- 17:12B-164 - Other charges in connection with loans
- 17:12B-165 - Other investments, securities
- 17:12B-166 - Real estate
- 17:12B-168 - Limitations on amounts of real estate loans and investments
- 17:12B-169 - Restrictions on investments
- 17:12B-170 - Report of financial condition available to members
- 17:12B-171 - Reports to commissioner; violations, penalties
- 17:12B-172 - Examination, inspection, supervision of associations
- 17:12B-173 - Exhibition of books, papers, securities, oaths; subpoena
- 17:12B-174 - False testimony; perjury
- 17:12B-175 - Immunity to violator testifying
- 17:12B-176 - Audits
- 17:12B-177 - Commissioner's additional powers
- 17:12B-178 - Order to continue illegal, unsafe practices; violations, penalty
- 17:12B-179 - Grounds for action by commissioner
- 17:12B-180 - Conservation orders
- 17:12B-181 - Action for relief
- 17:12B-182 - Commissioner's authority
- 17:12B-183 - Purpose of possession and operation by commissioner
- 17:12B-184 - Return of management and possession
- 17:12B-185 - Powers of commissioner in possession
- 17:12B-186 - Appointment and compensation of counsel and assistants
- 17:12B-187 - Segregation and application of money paid after commissioner takes possession
- 17:12B-188 - Effect of commissioner's possession on rights of third persons
- 17:12B-189 - Financial statements by commissioner
- 17:12B-190 - Dissolution; Liquidation; Action by members
- 17:12B-191 - Relief in court from commissioner's action
- 17:12B-192 - Disposition of unclaimed funds due to members and creditors
- 17:12B-193 - Liquidation and accounting by commissioner
- 17:12B-194 - Action upon commissioner's refusal to act
- 17:12B-195 - Proceedings before commissioner
- 17:12B-196 - Applications for commissioner's approval
- 17:12B-197 - Bookkeeping methods and accounting practices; destruction of books, records, et cetera
- 17:12B-198 - Authority
- 17:12B-198.1 - Merger between State, out-of-State associations
- 17:12B-199 - Procedure; notice; approval on expedited basis
- 17:12B-200 - Terms
- 17:12B-201 - Recording of agreement
- 17:12B-202 - Application for establishment of section 27 branch office or offices
- 17:12B-203 - Effect of merger
- 17:12B-204 - Bulk transfers
- 17:12B-205 - Certificate of transfer of assets; resultant liquidating corporation
- 17:12B-206 - Purchase of assets; inapplicability of Article X
- 17:12B-207 - Liquidating corporations
- 17:12B-208 - Creditors; claims barred
- 17:12B-209 - Notice of dispute; limitation of action
- 17:12B-210 - Applicability of sections 17:12B-208, 17:12B-209 to indebtedness on loan to enable association to effect sale of assets
- 17:12B-211 - Jurisdiction of Superior Court
- 17:12B-212 - Termination of corporate existence
- 17:12B-213 - "Foreign association" defined
- 17:12B-214 - Business prohibited within State, exceptions
- 17:12B-215 - Violation; penalty
- 17:12B-216 - Filing copy of application and statement of acceptance or rejection
- 17:12B-217 - Terminating insurance
- 17:12B-218 - Powers of commissioner not impaired
- 17:12B-219 - Joint powers with insurance corporation
- 17:12B-220 - Powers of insurance corporation
- 17:12B-221 - Voting rights
- 17:12B-222 - Procedure
- 17:12B-223 - Corporate existence continued upon conversion
- 17:12B-224 - Conversion from Federal to State charter; procedure
- 17:12B-225 - Approval by commissioner; filing of certificate; corporate existence continued
- 17:12B-226 - Fees, charges
- 17:12B-227 - Payment of commissioner's expenses
- 17:12B-228 - Dissolution
- 17:12B-229 - Definition of liquidation
- 17:12B-230 - Continuation of corporate existence
- 17:12B-231 - Trustees; bonds; removal; successors; action by majority
- 17:12B-232 - Liquidation period; extension
- 17:12B-233 - Powers
- 17:12B-234 - Creditors; claims barred
- 17:12B-235 - Application of participation value to indebtedness
- 17:12B-236 - Sinking fund mortgages; extension of time for payment
- 17:12B-237 - Notice to sinking fund mortgagors
- 17:12B-238 - Commissioner's jurisdiction
- 17:12B-239 - Accounting by trustees; examination by commissioner; report to members; notice to creditors
- 17:12B-240 - Jurisdiction of Superior Court; trustees; compensation
- 17:12B-241 - Insured accounts eligible investment for trust and public funds, and savings banks and as security
- 17:12B-242 - Separability; partial invalidity
- 17:12B-243 - Effective date
- 17:12B-244 - Definitions applicable to capital stock associations
- 17:12B-245 - Persons who may incorporate a capital stock association
- 17:12B-246 - Contents of certificate of incorporation of a capital stock association
- 17:12B-247 - Filing of certificate of incorporation of capital stock association
- 17:12B-248 - Capital stock and surplus
- 17:12B-249 - Commissioner's findings as to a capital stock association
- 17:12B-250 - Powers available to capital stock association
- 17:12B-250.1 - Capital stock association official immunity
- 17:12B-251 - Directors' election, vacancies
- 17:12B-252 - Liability of stockholders
- 17:12B-253 - Notice to stockholders
- 17:12B-254 - Meeting place
- 17:12B-255 - Meetings of stockholders
- 17:12B-256 - Quorum for stockholders' meetings
- 17:12B-257 - Voting rights of stockholders
- 17:12B-258 - Reports to stockholders
- 17:12B-259 - Dividends on capital stock
- 17:12B-260 - Books and records of capital stock associations; right of inspection
- 17:12B-261 - Conversion of mutual association to capital stock association
- 17:12B-262 - Plan of conversion
- 17:12B-263 - Adequate reserve and capital requirements
- 17:12B-264 - Power to create, issue capital stock; provision for authorized but unissued stock; certificate of amendment
- 17:12B-265 - Supervision of capital stock associations
- 17:12B-266 - Merger of capital stock associations
- 17:12B-267 - Conversion of a capital stock association into a Federal association
- 17:12B-268 - Conversion of a Federal association into a capital stock association
- 17:12B-269 - Commencement of business of capital stock association
- 17:12B-270 - Dissolution and liquidation of capital stock association
- 17:12B-271 - Construction of inconsistent provisions
- 17:12B-272 - Rules and regulations
- 17:12B-277 - Separability; partial invalidity
- 17:12B-278 - Definitions
- 17:12B-279 - Conditions for acquisition; control
- 17:12B-280 - Acquisitions in other states permitted
- 17:12B-281 - Definitions
- 17:12B-282 - Information to commissioner
- 17:12B-283 - Examination; report
- 17:12B-284 - Notice of proposed acquisition to commissioner
- 17:12B-285 - Fees
- 17:12B-286 - FSLIC insurance required
- 17:12B-287 - Management by commissioner
- 17:12B-288 - Insurance required for charter
- 17:12B-289 - Rules, regulations
- 17:12B-290 - Violations; penalties
- 17:12B-291 - Approval required for use of word "savings bank S.L.A."
- 17:12B-292 - Definitions
- 17:12B-293 - Approval of commissioner needed to acquire more than 25% of voting shares
- 17:12B-294 - Application for approval; hearing; exemption limitations
- 17:12B-295 - Factors used in determining approval
- 17:12B-296 - Shares acquired in violation not counted; shares to be registered
- 17:12B-297 - Cease and desist orders; injunction; penalties
- 17:12B-298 - Formation of mutual state association holding company
- 17:12B-299 - Contents of certificate of incorporation
- 17:12B-300 - Approval of charter
- 17:12B-301 - Powers of mutual state association holding company
- 17:12B-302 - Board of directors
- 17:12B-303 - Powers of board
- 17:12B-304 - Board officers; compensation
- 17:12B-305 - Distribution of surplus
- 17:12B-306 - Retention of interest in assets
- 17:12B-307 - Certificate of incorporation for subsidiary
- 17:12B-308 - Certificate of incorporation, affidavit to commissioner; contents of affidavit
- 17:12B-309 - Charter approval
- 17:12B-310 - Powers of stockholders, board of directors
- 17:12B-311 - Bylaws
- 17:12B-312 - Amendment of certificate of incorporation
- 17:12B-313 - Governance of subsidiary
- 17:12B-314 - Dividends
- 17:12B-315 - Merger
- 17:12B-316 - Merger or purchase or retention of assets and assumption of liabilities
- 17:12B-317 - Alternative to formation of subsidiary
- 17:12B-318 - Contents of amended certificate of incorporation
- 17:12B-319 - Rules, regulations