{"data":{"id":"us-nj/n.j.-stat.-17-9a-91","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:9A-91","heading":"Quorum","body":"At all meetings of stockholders of a bank, the presence in person or by proxy of the holders of a majority of the outstanding shares entitled to vote shall constitute a quorum for the transaction of business.  Unless otherwise provided by law, the acts of the holders of a majority of the shares represented at any meeting at which a quorum is present shall be the acts of the stockholders.  If a quorum is not present at a meeting, a majority in interest of the stockholders present in person or by proxy may adjourn the meeting to a fixed time.\nL.1948, c. 67, p. 261, s. 91.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"c02b384b19bf3860d55a6058f2637135f9e2ae8460cdf695722d562809d70e2d","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-9a-90.1","next":"us-nj/n.j.-stat.-17-9a-92"},"notice":"GroundRules: Original legal text. Not legal advice."}