GroundRules
← Search the law
New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:45A-4: Vote percentage required for approval; certificate to Commissioner of Banking and Insurance

Read at publisher ↗
Where this section sits in the code
  1. TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

If, at the meeting held pursuant to the notice required by section 3 of this act, or at any adjournment thereof, 2/3 of the members present vote in favor of the plan and resolution so adopted by the board of directors or board of trustees, or in favor of an amendment thereof or a substitute therefor, a certificate thereof signed by the secretary, and acknowledged or proved as in the case of deeds to real property, shall be submitted to the Commissioner of Banking and Insurance. The certificate shall set forth the plan and resolution adopted, and the approval thereof in the manner herein provided.

L.1955, c. 230, p. 890, s. 4.

Collected 2026-08-27T17:54:13Z. Source file · JSON

Browse this collection