N.J.S.A. 34:17-9

Capital stock

34:17-9. Capital stock The capital stock of such society shall be divided into shares the par value of which shall not be more than fifty dollars, and no share shall be issued for less than its par value. No certificate of shares shall be issued to any member until his shares are fully paid up.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 34:17-9, 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.