15A:10-3. Approval by corporation not having members entitled to vote
When a corporation is without members entitled to vote thereon, a merger or consolidation shall be approved upon receipt of the affirmative vote of two-thirds of the trustees present at a meeting called for the purpose of considering and voting upon the proposed merger or consolidation, unless a greater number is fixed by the certificate of incorporation or the bylaws.
L.1983, c. 127, s. 15A:10-3, eff. Oct. 1, 1983.
Section: Previous 15a-9-2 15a-9-3 15a-9-4 15a-9-5 15a-9-6 15a-10-1 15a-10-2 15a-10-3 15a-10-4 15a-10-5 15a-10-6 15a-10-7 15a-10-8 15a-10-9 15a-10-10 Next
Last modified: October 11, 2016