New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 9A-411

a. Except as otherwise expressly permitted by federal law, no person may acquire a New Jersey bank holding company or a New Jersey bank without the prior approval of the commissioner.

b. The prohibitions in subsection a. of this section shall not apply if the acquisition is made:

c. In a transaction for which the commissioner's approval is not required under this section, the parties shall give written notice to the commissioner at least 15 days before the effective date of the acquisition, unless a shorter period of notice is required under applicable federal law.