Foreign depository; limitations on acquisition or merger

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17:16J-17. Foreign depository; limitations on acquisition or merger

Nothing in this act is intended to authorize the merger by or the acquisition of stock or the assets of a depository by a foreign depository, or a company other than as defined in subsection i. of section 1 of this act.

L.1982, c. 8, s. 17, eff. March 4, 1982.


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