New Jersey Statutes

§ 15A:5-7 — Fixing record date

New Jersey·Title 15A CORPORATIONS, NONPROFIT

a. The bylaws may provide for fixing, or in the absence of such a provision, the board may fix, in advance, a date as the record date for determining the corporation's members with regard to any corporate action or event and, in particular, for determining the members entitled to:

(1)Notice of or to vote at any meeting of members or any adjournment thereof;
(2)Give a written consent to any action without a meeting; or (3) Receive or enjoy any benefit or right. The record date may in no case be more than 60 days prior to the members' meeting or other corporate action or event to which it relates. The record date for a members' meeting may not be less than 10 days before the date of the meeting. The record date to determine members entitled to give a written consent may not be more than 60

Free access — add to your briefcase to read the full text and ask questions with AI

New Jersey § 15A:5-7 (Fixing record date) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗