New Jersey Statutes 15A:2-9. Organization meeting of board of trustees
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 15A:2-9
- 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
- Trustee: A person or institution holding and administering property in trust.
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 named, to adopt bylaws, elect officers, provide for initial members if there are to be members, and transact all 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 trustee named in the certificate of incorporation, which notice shall state the time and place of the meeting.
L.1983, c. 127, s. 15A:2-9, eff. Oct. 1, 1983.