New Jersey Statutes
§ 15A:10-9 — Acquisition of shares or assets
New Jersey·Title 15A CORPORATIONS, NONPROFIT
Nothing contained in this chapter shall limit the right of any corporation to acquire all or some of the shares or the assets of another domestic corporation, foreign corporation or corporate entity. The certificate of incorporation or bylaws may contain provisions which restrict or limit a corporation as to the acquisition of shares or assets. L.1983, c. 127, s. 15A:10-9, eff. Oct. 1, 1983.
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Nearby Sections
11
§ 15A:10-1
Procedure for merger§ 15A:10-10
Sale or other disposition of assets in regular course of activities and mortgage or pledge of assets§ 15A:10-2
Procedure for consolidation§ 15A:10-4
Approval by members§ 15A:10-5
Certificate of merger or consolidation§ 15A:10-6
Effect of merger or consolidation§ 15A:10-8
Abandonment of merger or consolidation§ 15A:10-9
Acquisition of shares or assets