New Jersey Statutes 17:48E-61. Directors, officers continue to serve
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Terms Used In New Jersey Statutes 17:48E-61
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
13. The directors and officers of the health service corporation, unless otherwise specified in the plan of conversion, shall serve as the directors and officers of the converted insurer until new directors and officers are duly elected pursuant to the articles of incorporation and bylaws of the converted insurer.
L.2001,c.131,s.13.