State Codes and Statutes

Statutes > New-jersey > Title-16 > Section-16-4 > 16-4-5

16:4-5. Corporate action by majority vote of members
The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual.

State Codes and Statutes

Statutes > New-jersey > Title-16 > Section-16-4 > 16-4-5

16:4-5. Corporate action by majority vote of members
The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual.