New Jersey Statutes
§ 14A:5-12 — Greater voting requirements
New Jersey·Title 14A CORPORATIONS, GENERAL
(1)The provisions of the certificate of incorporation shall control whenever, with respect to any action to be authorized by the shareholders of a corporation, including the election of directors, the certificate of incorporation requires the affirmative vote of a greater proportion of the votes cast, including a unanimous vote, by the holders of shares entitled to vote thereon, or by the holders of shares of any class or series thereof, than is required by this act with respect to such action.
(2)An amendment of the certificate of incorporation which changes or deletes such a provision shall be authorized by the same vote as would be required to take action under the provision. L.1968, c.350; amended 1988,c.94,s.18.
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Nearby Sections
15
§ 14A:5-1
Place of shareholders' meetings.§ 14A:5-10
Voting of shares§ 14A:5-11
Votes required§ 14A:5-12
Greater voting requirements§ 14A:5-14
Shares held by another corporation§ 14A:5-15
Shares held by fiduciaries§ 14A:5-17
Voting of pledged stock§ 14A:5-19
Proxy voting.§ 14A:5-2
Annual meeting of shareholders§ 14A:5-20
Voting trust§ 14A:5-21
Agreements as to voting; provision in certificate of incorporation as to control of directors§ 14A:5-22
Infant shareholders and bondholders