SECTION 85:25-3-5. Offering circular use in chartering process

Latest version.

If any stock of the proposed stock savings and loan association is offered to other than the incorporators, it shall be offered by an Offering Circular only, the contents of which must be approved by the Commissioner. Any subscription taken for the stock, other than the incorporators, shall contain a statement that the subscriber has been furnished an Offering Circular.

[Source: Transferred from 625:10-1-5 (see Editor’s Note at beginning of this Chapter)]

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');