14A:6-13 - Liability of directors;Ā presumption of assent to action taken atĀ a meeting
14A:6-13.Ā Liability of directors;Ā presumption of assent to action taken atĀ a meeting
A director of a corporation who is present at a meeting of its board, or anyĀ committee thereof of which he is a member, at which action on any corporateĀ matter referred to in section 14A:6-12 is taken shall be presumed to haveĀ concurred in the action taken unless his dissent shall be entered in theĀ minutes of the meeting or unless he shall file his written dissent to suchĀ action with the person acting as the secretary of the meeting before or promptly after the adjournment thereof.Ā Such right to dissent shall not apply to a director who voted in favor of such action.Ā A director who is absent fromĀ a meeting of the board, or any committee thereof of which he is a member, atĀ which any such action is taken shall be presumed to have concurred in theĀ action unless he shall file his dissent with the secretary of the corporationĀ within a reasonable time after learning of such action.
L.1968, c.350; amended by L.1973, c. 366, s. 28, eff. May 1, 1974.
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A director of a corporation who is present at a meeting of its board, or anyĀ committee thereof of which he is a member, at which action on any corporateĀ matter referred to in section 14A:6-12 is taken shall be presumed to haveĀ concurred in the action taken unless his dissent shall be entered in theĀ minutes of the meeting or unless he shall file his written dissent to suchĀ action with the person acting as the secretary of the meeting before or promptly after the adjournment thereof.Ā Such right to dissent shall not apply to a director who voted in favor of such action.Ā A director who is absent fromĀ a meeting of the board, or any committee thereof of which he is a member, atĀ which any such action is taken shall be presumed to have concurred in theĀ action unless he shall file his dissent with the secretary of the corporationĀ within a reasonable time after learning of such action.
L.1968, c.350; amended by L.1973, c. 366, s. 28, eff. May 1, 1974.
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