N.J.S.A. 13:1B-68 — Terms of directors of Morris Canal and Banking Company to expire; persons to constitute board until successors qualify

13:1B-68. Terms of directors of Morris Canal and Banking Company to expire; persons to constitute board until successors qualify The terms of office of the present directors of the Morris Canal and Banking Company shall expire on the effective date of this act, and the persons holding the offices of Commissioner of Conservation and Economic Development, State Treasurer, and Director of the Division of Budget and Accounting in the Department of the Treasury, respectively, on the effective date of this act, shall constitute the board of directors, and shall exercise and perform the functions, powers and duties of the directors, of the Morris Canal and Banking Company until the next annual meeting of the stockholders of said company, and until their successors are duly elected and qualified. L.1948, c. 448, p. 1844, s. 119.

This is the verbatim text of N.J.S.A. 13:1B-68, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.