New Jersey Revised Statutes § 17:9a-90.1 - Voting Trusts

17:9A-90.1. Voting trusts
Agreements hereafter made between two or more of the stockholders of a bank pursuant to which stock of the bank held by them is transferred to or deposited with a trustee or agent for the purpose of vesting in such trustee or agent the right to vote thereon, shall be invalid; provided, that nothing herein contained shall prohibit a stockholder of a bank from depositing stock of a bank with a trustee or agent under the terms of a voting trust agreement presently lawfully in effect.

L.1948, c. 67, p. 261, s. 90.1.

Section: Previous  17-9a-84  17-9a-85  17-9a-86  17-9a-87  17-9a-88  17-9a-89  17-9a-90  17-9a-90.1  17-9a-91  17-9a-92  17-9a-93  17-9a-94  17-9a-95  17-9a-96  17-9a-97  Next

Last modified: October 11, 2016