New Jersey Statutes 17B:18-22. Elected directors; manner of electing
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Terms Used In New Jersey Statutes 17B:18-22
- 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.
The elected directors shall be elected in the manner provided in sections 17B:18-23 to 17B:18-27, inclusive, by the qualified voters of the corporation at the annual election of directors to be held on the date and at the place prescribed by the corporation’s certificate of incorporation or charter, by-laws, or otherwise.
L.1971, c. 144, s. 17B:18-22