reglab/housing_qa huggingface dataset:
NJ Rev Stat § 17:14A-41 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-41 - Submission of merger agreement or consolidation plan to stockholders

17:14A-41. Submission of merger agreement or consolidation plan to stockholders  If the commissioner approves the merger agreement or consolidation plan, or if the merger agreement or consolidation plan is approved after review as provided in R.S. 17:14A-40, it shall, within 180 days after the date of approval, be submitted to the stockholders of each of the companies which are parties to the agreement or plan, at separate meetings called for that purpose upon at least 20 days' notice prior to the meeting, by mail, postage prepaid, addressed to each stockholder at his address as it appears on the books of the company. The notice shall specify the place, day and the hour of the meeting and the nature of the business to be transacted. A copy of the merger agreement or consolidation plan shall be mailed to each stockholder of each company, together with the notice of the meeting. L.1983, c. 566, s. 17:14A-41.
NJ Rev Stat § 17:14A-42 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-42 - Approval by stockholders; filing agreement or plan

17:14A-42. Approval by stockholders; filing agreement or plan  If the merger agreement or consolidation plan is approved by the affirmative vote of 2/3 of the stockholders of each company, that fact shall be certified as to each company by its president or a vice president and the certifications shall be attached to the merger agreement or consolidation plan and filed in the department at which time it shall become effective. L.1983, c. 566, s. 17:14A-42.
NJ Rev Stat § 17:14A-43 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-43 - Merger agreement or consolidation plan as evidence

17:14A-43. Merger agreement or consolidation plan as evidence  A copy of the merger agreement or consolidation plan, certified by the commissioner, shall be evidence in all courts and places. L.1983, c. 566, s. 17:14A-43.
NJ Rev Stat § 17:14A-44 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-44 - Recording copy of merger agreement or consolidation plan with county recording officer

17:14A-44. Recording copy of merger agreement or consolidation plan with county recording officer  A copy of the merger agreement or consolidation plan, certified by the commissioner, may be recorded in the office of the county recording officer charged with the duty of recording instruments affecting title to real property in the county, and the record shall have the same effect as if duly executed and acknowledged deeds to real property and assignments of mortgages affecting real or personal property owned by the merging or consolidating companies had been made and delivered by the merging companies to the surviving company and the consolidating companies to the new company, and had been duly recorded. L.1983, c. 566, s. 17:14A-44.
NJ Rev Stat § 17:14A-45 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-45 - Effect of merger or consolidation

17:14A-45. Effect of merger or consolidation  Upon the merger or consolidation of two or more safe deposit companies: a. The parties to the merger agreement or plan of consolidation shall be a single company, which, in the case of a merger, shall be the corporation designated in the merger agreement as the surviving company, and in the case of a consolidation, shall be the new company provided for in the consolidation plan; b. The separate existence of all parties to the merger agreement or consolidation plan, except the surviving company or new company, shall cease; c. The surviving or new company shall, to the extent consistent with its certificate of incorporation as amended or established by the merger or consolidation, possess all the rights, privileges, powers, immunities, purposes and franchises, both public and private, of each of the merging or consolidating companies; d. All real property and personal property, tangible and intangible, of every kind and description, belonging to each of the companies so merged or consolidated shall be vested in the surviving or new company without further act or deed, and the title to any real estate, or any interest therein, vested in any of the companies shall not revert or be in any way impaired by reason of the merger or consolidation; e. The surviving or new company shall be liable for all the obligations and liabilities of each of the companies so merged or consolidated, and any claim existing or action or proceeding pending by or against any of the companies may be enforced as if the merger or consolidation had not taken place and neither the rights of creditors nor any liens upon, or security interests in, the property of any of the companies shall be impaired by the merger or consolidation; f. In the case of a merger, the certificate of incorporation of the surviving company shall, without further act or deed, be amended to the extent, if any, stated in the plan of merger, and, in the case of a consolidation, the statements set forth in the certificate of consolidation and which are required or permitted to be set forth in the certificate of incorporation of companies organized under this chapter shall be the certificate of incorporation of the new company; and g. The directors named in the merger agreement or consolidation plan shall be the directors of the surviving company or new company and shall serve until the time new directors are elected at the annual meeting of stockholders following the effective date of the merger or consolidation. L.1983, c. 566, s. 17:14A-45.
NJ Rev Stat § 17:14A-46 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-46 - Merger or consolidation; issuance of new stock certificates

17:14A-46. Merger or consolidation; issuance of new stock certificates  A surviving company or the new company resulting from a merger or consolidation shall require each stockholder of a company participating in a merger or consolidation to surrender his certificates of capital stock of each participating company, and shall upon the surrender thereof, issue or deliver in lieu thereof, certificates for the number of its own shares of capital stock, or other securities or obligations of the surviving company or new company, or cash or other consideration including shares or other securities or obligations of a corporation not a party to the merger or consolidation, as the stockholder is entitled to receive pursuant to the terms of the merger agreement or consolidation plan. L.1983, c. 566, s. 17:14A-46.
NJ Rev Stat § 17:14A-47 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-47 - Liability of stockholders

17:14A-47. Liability of stockholders  The holders of shares of capital stock of a safe deposit company shall not be liable, by reason of their owning the stock, for any debts, contracts or obligations of the safe deposit company. L.1983, c. 566, s. 17:14A-47.
NJ Rev Stat § 17:14A-48 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-48 - Language in rental agreement

17:14A-48. Language in rental agreement  An agreement for the rental of vaults, safe deposit boxes, and other receptacles for the storage and safekeeping of personal property shall be written in simple, clear, understandable and easily readable language as provided in P.L.1980, c. 125 (C. 56:12-1 et seq.). L.1983, c. 566, s. 17:14A-48.
NJ Rev Stat § 17:14A-49 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-49 - Notice to lessee as to insurance and contents of vaults, etc.

17:14A-49. Notice to lessee as to insurance and contents of vaults, etc.  An agreement for the rental vaults, safe deposit boxes or other receptacles for the storage and safekeeping of personal property shall contain language in bold face type substantially as follows: Important Notice The contents of your vault, safe deposit box or storage receptacle are not protected against loss by the lessor unless specifically indicated in this notice, and for your protection you may wish to secure your own insurance for protection against loss with an insurance company of your own choice. You should keep a complete list and description of all your property stored in your vault, safe deposit box or storage receptacle and any available proof of ownership. A copy of the notice shall be posted in the principal office of the company and in each branch office and shall be given to each lessee before the lessee enters into an agreement for the rental of a vault, safe deposit box or other receptacle for the storage and safekeeping of personal property. L.1983, c. 566, s. 17:14A-49.
NJ Rev Stat § 17:14A-50 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-50 - Books and records

17:14A-50. Books and records  A safe deposit company shall keep and maintain all books and records required by law and in addition thereto shall keep and maintain all books and records as may be required under rules and regulations promulgated by the commissioner pursuant to P.L.1958, c. 66 (C. 17:1-8.1 et seq.), and a list setting forth the names and addresses of all lessees, together with the numbers of their respective safe deposit boxes. L.1983, c. 566, s. 17:14A-50.
NJ Rev Stat § 17:14A-52 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-52 - Accessibility to vault, safe deposit box or receptacle

17:14A-52. Accessibility to vault, safe deposit box or receptacle  The right of access to a vault, safe deposit box or receptacle rented to a lessee by a safe deposit company shall be governed by the rental agreement, the provisions of P.L.1955, c. 151 (C. 46:39-1 et seq.), R.S. 54:35-19 and R.S. 54:35-20. L.1983, c. 566, s. 17:14A-52.
NJ Rev Stat § 17:14A-53 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-53 - Control of safe deposit company

17:14A-53. Control of safe deposit company  It shall be unlawful for any person or company, except with the approval of the commissioner, to acquire control of a safe deposit company incorporated under this chapter. L.1983, c. 566, s. 17:14A-53.
NJ Rev Stat § 17:14A-54 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-54 - Control of safe deposit company; "control" defined

17:14A-54. Control of safe deposit company; "control" defined  As used in R.S. 17:14A-53, "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a safe deposit company, whether by means of the ownership of the stock or equity interests of the safe deposit company by means of a contractual arrangement, or otherwise. Control shall be presumed to exist if any person or company, directly or indirectly, owns, controls or holds with power to vote 10% or more of the stock of the safe deposit company or of any company which owns, controls or holds with power to vote 10% or more of the stock of the safe deposit company, but a person shall not be deemed to control a safe deposit company solely by reason of his being an officer or director of the safe deposit company. L.1983, c. 566, s. 17:14A-54.
NJ Rev Stat § 17:14A-55 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-55 - Control of safe deposit company; "company" defined

17:14A-55. Control of safe deposit company; "company" defined  As used in R.S. 17:14A-53, "company" means a corporation, joint stock company, business trust, investment trust, general or limited partnership, voting trust, association, and any similar organized group of persons, whether incorporated or not, and whether or not organized or incorporated under the laws of this State or any other state or any territory or possession of the United States or under the laws of a foreign country, territory, colony or possession thereof. L.1983, c. 566, s. 17:14A-55.
NJ Rev Stat § 17:14A-56 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-56 - Control of safe deposit company; application to commissioner

17:14A-56. Control of safe deposit company; application to commissioner  A person or company seeking to acquire control of a safe deposit company shall file a written application therefor with the commissioner which shall be in such form and contain such information as the commissioner may require. L.1983, c. 566, s. 17:14A-56.
NJ Rev Stat § 17:14A-57 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-57 - Control of safe deposit company; investigation by commissioner

17:14A-57. Control of safe deposit company; investigation by commissioner  After the filing of the application as provided in R.S. 17:14A-56, the commissioner shall conduct an investigation to determine whether: a. The acquisition of control of the safe deposit company is not contrary to law; b. The acquisition of control of the safe deposit company is in the best interest of the public; c. The character, responsibility and general fitness of the person or company seeking to acquire control of the safe deposit company are such as to command confidence and warrant belief that the business of the safe deposit company will be honestly and efficiently conducted in a manner consistent with the public interest, the interests of lessees and creditors of the safe deposit company; and d. The exercise of control of the safe deposit company may impair the safe and sound conduct of the business of the safe deposit company, the conservation of its assets or public confidence in its business. L.1983, c. 566, s. 17:14A-57.
NJ Rev Stat § 17:14A-58 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-58 - Control of safe deposit company; approval or disapproval of application

17:14A-58. Control of safe deposit company; approval or disapproval of application  The commissioner shall notify the applicant in writing of his approval or disapproval of the application to acquire control within 90 days after its filing unless he shall advise the applicant in writing before the expiration of the 90-day period of his determination to extend the period for an additional 90 days. If the commissioner shall disapprove the application, he shall set forth his reasons therefor in the notification to the application. L.1983, c. 566, s. 17:14A-58.
NJ Rev Stat § 17:14A-59 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-59 - Control of safe deposit company; review of commissioner's disapproval

17:14A-59. Control of safe deposit company; review of commissioner's disapproval  The commissioner's disapproval of an application to acquire control of a safe deposit company shall be subject to review by appeal in the Appellate Division of the Superior Court. L.1983, c. 566, s. 17:14A-59.
NJ Rev Stat § 17:14A-60 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-60 - Communications received from the commissioner

17:14A-60. Communications received from the commissioner  Every official communication directed to and received by a safe deposit company or any of its officers or directors shall be submitted to the board of directors at the board's next meeting following receipt and noted in the minutes of the meeting. L. 1983, c. 566, s. 17:14A-60.
NJ Rev Stat § 17:14A-61 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-61 - Examination of safe deposit company affairs; by whom made

17:14A-61. Examination of safe deposit company affairs; by whom made  The board of directors of a safe deposit company shall have an examination of the company's affairs made, from time to time, by or under the supervision of a person who is a certified public accountant, a public accountant or a person whose qualifications for making the examination have been approved by the commissioner. A person who is an officer, director or employee of the company or who was an officer, director or employee of the company within a period of 13 months preceding the commencement of the examination shall not participate in any examination required by this section. L. 1983, c. 566, s. 17:14A-61.
NJ Rev Stat § 17:14A-62 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-62 - Examination of safe deposit company affairs; scope

17:14A-62. Examination of safe deposit company affairs; scope  The scope of examinations made as required by R.S. 17:14A-61 shall be as determined by regulations of the commissioner or, in the absence of regulations, by the board of directors of the company. L. 1983, c. 566, s. 17:14A-62.
NJ Rev Stat § 17:14A-63 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-63 - Examination of safe deposit company affairs; when made

17:14A-63. Examination of safe deposit company affairs; when made  An examination pursuant to R.S. 17:14A-61 shall be made at least once in each calendar year and shall be commenced not less than six months and not more than 15 months following the commencement of the preceding examination made pursuant to R.S. 17:14A-61, but an examination shall not be commenced when an examination is being made pursuant to R.S. 17:14A-70. The board of directors may, whenever it deems it advisable, have examinations made of the company's affairs other than as required by this section. L. 1983, c. 566, s. 17:14A-63.
NJ Rev Stat § 17:14A-64 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-64 - Examination of safe deposit company affairs; report; statement by directors; filing

17:14A-64. Examination of safe deposit company affairs; report; statement by directors; filing  Within 60 days after completion of an examination made pursuant to R.S. 17:14A-61, a report thereof, in a form prescribed by the commissioner, certified by the person by whom and under whose supervision the examination was made, shall be presented to the directors at a meeting of the board. The board of directors shall have a statement prepared setting forth in detail the assets and their values, liabilities and net worth of the company. Within the time specified in this section, the directors shall file a copy of the statement and a certified copy of the report with the commissioner. L. 1983, c. 566, s. 17:14A-64.
NJ Rev Stat § 17:14A-65 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-65 - Examination of safe deposit company affairs; curtailment or extension of time by commissioner

17:14A-65. Examination of safe deposit company affairs; curtailment or extension of time by commissioner  The commissioner shall have power, for good cause shown, to curtail the six-month period, and to extend the 15-month period specified in R.S. 17:14A-63 for a period not exceeding one month in either case, and to extend the 60-day period specified in R.S. 17:14A-64 for a period not exceeding 30 days. An extension or curtailment shall not be allowed by the commissioner which will result in the lapse of a calendar year without the commencement of an examination pursuant to R.S. 17:14A-63. L. 1983, c. 566, s. 17:14A-65.
NJ Rev Stat § 17:14A-66 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-66 - Reports to commissioner as to assets and liabilities

17:14A-66. Reports to commissioner as to assets and liabilities  A safe deposit company shall make and file with the commissioner, in the form prescribed by the commissioner, periodic reports as the commissioner may from time to time request setting forth in detail and under appropriate heads the assets and liabilities of the company at the close of business on any day specified by the commissioner. The report shall be filed by the company within 10 days after receipt of the request. The report shall be attested by at least three directors who are not officers of the company, and shall be verified by the oaths of at least two officers of the company. The commissioner may extend the time within which the report shall be filed for not more than 10 days. L. 1983, c. 566, s. 17:14A-66.
NJ Rev Stat § 17:14A-67 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-67 - Special reports as to condition of company

17:14A-67. Special reports as to condition of company  The commissioner shall have the power to call for special reports from a safe deposit company when, in his judgment, a special report is necessary to obtain a full and complete knowledge as to the company's condition. The special report shall be filed with the commissioner within 10 days after receipt of the request. L. 1983, c. 566, s. 17:14A-67.
NJ Rev Stat § 17:14A-68 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-68 - Penalty for failure to make and file report

17:14A-68. Penalty for failure to make and file report  A safe deposit company which fails to make and file a report as required pursuant to R.S. 17:14A-66 and R.S. 17:14A-67 shall be subject to a penalty of $100.00 for each day during which the failure continues, to be recovered by the State in a civil action prosecuted by the Attorney General. L. 1983, c. 566, s. 17:14A-68.
NJ Rev Stat § 17:14A-69 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-69 - Publication of report

17:14A-69. Publication of report  A summary of each report filed pursuant to R.S. 17:14A-66, in a form prescribed by the commissioner, shall be published by the safe deposit company once in a newspaper having a general circulation in the county in which the company's principal office is located within two weeks after the report is filed. The cost of publication shall be paid by the company and a proof of publication filed with the commissioner. A copy of the report shall be made available to any person requesting it. L.1983, c. 566, s. 17:14A-69.
NJ Rev Stat § 17:14A-70 (2021)
2021 New Jersey Revised Statutes|Title 17 - Corporations and Institutions for Finance and Insurance|Section 17:14A-70 - Examination of safe deposit companies by commissioner

17:14A-70. Examination of safe deposit companies by commissioner  The commissioner shall, whenever and as often as he shall deem it advisable, cause the affairs of every safe deposit company to be examined to determine whether the company is conducting its business in conformity with the laws of this State and its certificate of incorporation, and with safety to its lessees, creditors and the public. The officers and employees of every safe deposit company, being examined shall exhibit to the examiners all its securities, books, records and accounts and shall otherwise facilitate the examination so far as it may be in their power. L.1983, c. 566, s. 17:14A-70.