N.J.S.A. 17:9A-94

Capital stock; voting rights

17:9A-94. Capital stock; voting rights A. Except as a bank's certificate of incorporation may otherwise lawfully provide with respect to preferred stock, each share of stock shall entitle the registered holder thereof to (1) one vote with respect to each matter presented at a stockholders' meeting, and (2) one vote for each director to be elected. B. The shares of the capital stock of a bank shall not be voted cumulatively. L.1948, c. 67, p. 263, s. 94.

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This is the verbatim text of N.J.S.A. 17:9A-94, 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-94 — Capital stock; voting rights | Kyzer