# N.J. Stat. § 17:9A-6.1: Authorized but unissued stock provided for

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.1

## Section

- **Citation:** N.J. Stat. § 17:9A-6.1
- **Heading:** Authorized but unissued stock provided for
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 17 / Chapter 9A / Section 9A-6.1

## Text

A bank may, in its original or amended certificate of incorporation make provision for authorized but unissued stock. Such stock may, with the approval of the Commissioner of Banking as hereinafter provided, be issued for such purposes, in addition to the purposes expressly authorized by law, and for such consideration as the board of directors may determine. So long as such stock remains unissued, it shall not constitute capital stock for the purposes of the act to which this act is a supplement. L.1970, c. 294, s. 1, eff. Dec. 14, 1970.

## Nearby sections

- [N.J. Stat. § 17:9A-1 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-1.md)
- [N.J. Stat. § 17:9A-2 Application of act.](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-2.md)
- [N.J. Stat. § 17:9A-3 Incorporation; certificate of incorporation; officers, directors and employees as incorporators](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-3.md)
- [N.J. Stat. § 17:9A-4 Capital stock and surplus](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-4.md)
- [N.J. Stat. § 17:9A-5 Reserve for organization expense](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-5.md)
- [N.J. Stat. § 17:9A-6 Capital stock; par value and classes](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.md)
- [N.J. Stat. § 17:9A-6.1 Authorized but unissued stock provided for](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.1.md)
- [N.J. Stat. § 17:9A-6.2 Certificate of amendment, procedure, filing](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.2.md)
- [N.J. Stat. § 17:9A-6.3 Consideration for issue; preemptive rights](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.3.md)
- [N.J. Stat. § 17:9A-7 Incorporation of savings bank](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-7.md)
- [N.J. Stat. § 17:9A-8.1 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-8.1.md)
- [N.J. Stat. § 17:9A-8.2 Capital stock savings bank incorporation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-8.2.md)
- [N.J. Stat. § 17:9A-8.4 Application for charter; provisions governing](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-8.4.md)
- [N.J. Stat. § 17:9A-8.5 Provision for authorized but unissued stock](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-8.5.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T17_C9A_S9A-6.1. Check the current official text before relying on it. Not legal advice.