State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-5 > 14a-5-23

14A:5-23.  Voting powers of bondholders;  right to inspect    The certificate of incorporation may confer upon the holders of bonds issued  by the corporation the power to vote for the election of directors and in  respect to other corporate affairs and management, upon such terms and conditions as the certificate of incorporation shall provide.  The certificate of incorporation or by-laws may provide for the manner of exercising such voting powers.  The holders of bonds with voting powers shall, when entitled by  the terms of such bonds to exercise such voting powers, have the same rights as  those accorded to shareholders under section 14A:5-28.
 
L.1968, c.350.
 

State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-5 > 14a-5-23

14A:5-23.  Voting powers of bondholders;  right to inspect    The certificate of incorporation may confer upon the holders of bonds issued  by the corporation the power to vote for the election of directors and in  respect to other corporate affairs and management, upon such terms and conditions as the certificate of incorporation shall provide.  The certificate of incorporation or by-laws may provide for the manner of exercising such voting powers.  The holders of bonds with voting powers shall, when entitled by  the terms of such bonds to exercise such voting powers, have the same rights as  those accorded to shareholders under section 14A:5-28.
 
L.1968, c.350.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-5 > 14a-5-23

14A:5-23.  Voting powers of bondholders;  right to inspect    The certificate of incorporation may confer upon the holders of bonds issued  by the corporation the power to vote for the election of directors and in  respect to other corporate affairs and management, upon such terms and conditions as the certificate of incorporation shall provide.  The certificate of incorporation or by-laws may provide for the manner of exercising such voting powers.  The holders of bonds with voting powers shall, when entitled by  the terms of such bonds to exercise such voting powers, have the same rights as  those accorded to shareholders under section 14A:5-28.
 
L.1968, c.350.