N.J.S.A. 48:24-12

Board of directors.

48:24-12 Board of directors. 12. a. The business and affairs of a rural electric cooperative shall be managed under the direction of a board of not less than three directors who shall be natural persons of full age. All directors shall be members of the cooperative. b. Any vacancy occurring in the board of directors of the cooperative shall be filled by the remaining directors in accordance with the bylaws of the cooperative. L.2017, c.297, s.12.

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This is the verbatim text of N.J.S.A. 48:24-12, 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. 48:24-12 — Board of directors. | Kyzer