Definitions regarding subsidiary mergers
Known as the New Jersey Automobile Full Insurance Availability Act
The act spans §§ 17:10B-1 to 17:9A-99 (3,637 sections).
L.2000,c.70,s.1.
1. For purposes of this act:
"Commissioner" means the Commissioner of Banking and Insurance.
"Financial institution" means a bank, savings bank or savings and loan association.
"Subsidiary" means a corporation, limited liability company, partnership or other entity in which a financial institution owns not less than 80% of that entity's equity.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.