New Jersey Statutes

§ 16:1-5 — Corporate action by majority of members; presence in person; validity

New Jersey·Title 16 CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
The proceedings, orders and acts of a majority of the members of such corporation present in person at any duly convened annual or special meeting, but not of a less number shall be valid and effectual. Amended by L.1955, c. 124, p. 605, s. 1, eff. July 8, 1955.

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