New Jersey Statutes 14A:2-8. Organization meeting of directors
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Terms Used In New Jersey Statutes 14A:2-8
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
On or after the effective date of the certificate of incorporation, an organization meeting of the board named in the certificate of incorporation shall be held, at the call of a majority of the board so named, to adopt by-laws, elect officers, authorize the issuance of shares, and transact such other business as may come before the meeting. The board members calling the meeting shall give at least 5 days’ notice thereof by mail to each director named in the certificate of incorporation, which notice shall state the time and place of the meeting.
L.1968, c.350.; amended by L.1973, c. 366, s. 6, eff. May 1, 1974.