N.J.S.A. 17:9A-144

Effect of stockholder's failure to act

17:9A-144. Effect of stockholder's failure to act A stockholder who fails to act pursuant to sections 140 or 141 shall be forever barred from bringing any action to enforce his right to be paid the value of his shares in lieu of continuing his status as a stockholder in the receiving bank. L.1948, c. 67, p. 287, s. 144.

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This is the verbatim text of N.J.S.A. 17:9A-144, 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.

N.J.S.A. 17:9A-144 — Effect of stockholder's failure to act | Kyzer