New Jersey Revised Statutes
Title 14 - Acts Saved From Repeal
Section 14:8-18 - Mutual association; creation of capital stock

14:8-18. Mutual association; creation of capital stock
The members of any incorporated mutual association may provide for and create a capital stock of such corporation, upon the consent in writing of all the members of the corporation, and may provide for the payment of such stock, and fix and prescribe the rights and privileges of the stockholders therein.
L.1937, c. 188.

<< Previous

Next >>

Structure New Jersey Revised Statutes

New Jersey Revised Statutes

Title 14 - Acts Saved From Repeal

Section 14:2-2 - Additional corporate purposes

Section 14:3-7 - Land improvement companies; ferry rights; sale of franchise for operating ferries; waiver of exemptions by purchaser

Section 14:3-10 - Prohibited acquisitions of stock of other corporations; inapplicable to public utility corporations; subsidiaries

Section 14:7-5 - Residence of directors and officers of corporations organized under special charter

Section 14:8-18 - Mutual association; creation of capital stock

Section 14:8-22(1) - Manufacturing company incorporated by special act; exchange of full-paid capital stock for assessable shares; issuance of preferred and common shares; reissuance of stock; total capital

Section 14:8-22(2) - Certificate of issue of additional or retirement or reissue of stock to be filed with secretary of state