Legal Research Home > New Jersey Lawyer > Acts Saved From Repeal > New Jersey Acts Saved From Repeal Laws Section 14:8-18. Mutual association; creation of capital stock.

The members of any incorporated mutual association may provide for and create a capital stock of such corporation, upon the consent in writing of all the members of the corporation, and may provide for the payment of such stock, and fix and prescribe the rights and privileges of the stockholders therein.

L.1937, c. 188.

Last modified: October 21, 2006