N.J.S.A. 16:4-5

Corporate action by majority vote of members

16:4-5. Corporate action by majority vote of members The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual.

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This is the verbatim text of N.J.S.A. 16:4-5, 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.