N.J. Stat. § 16:1-5
This is the official text of N.J. Stat. § 16:1-5, part of New Jersey’s Stat — part of the compiled statutory law of New Jersey, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Corporate action by majority of members; presence in person; validity
Official statutory text
The proceedings, orders and acts of a majority of the members of such corporation present in person at any duly convened annual or special meeting, but not of a less number shall be valid and effectual. Amended by L.1955, c. 124, p. 605, s. 1, eff. July 8, 1955.
Status: in_force · Read it on the official government site
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