State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-5 > 14a-5-4

14A:5-4.  Notice of shareholders' meetings    (1) Except as otherwise provided in this act, written notice of the time, place and purpose or purposes of every meeting of shareholders shall be given not less than 10 nor more than 60 days before the date of the meeting, either personally or by mail, to each shareholder of record entitled to vote at the meeting.

    (2) When a meeting is adjourned to another time or place, it shall not be necessary, unless the by-laws otherwise provide, to give notice of the adjourned meeting if the time and place to which the meeting is adjourned are announced at the meeting at which the adjournment is taken and at the adjourned  meeting only such business is transacted as might have been transacted at the  original meeting.  However, if after the adjournment the board fixes a new  record date for the adjourned meeting, a notice of the adjourned meeting shall  be given to each shareholder of record on the new record date entitled to  notice under subsection 14A:5-4(1).
 
L.1968, c.350.