New Jersey Statutes
§ 16:12-31 — Dividends
New Jersey § 16:12-31
JurisdictionNew Jersey
Title 16CORPORATIONS AND ASSOCIATIONS, RELIGIOUS
This text of New Jersey § 16:12-31 (Dividends) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 16:12-31 (2026).
Text
The corporation shall pay ratably among the holders of shares or interests then outstanding, annually, or, in the discretion of said trustees, more frequently, dividends which shall approximately equal in each fiscal year, the net income of the trust, after establishing such reserves as they may deem advisable. L.1944, c. 139, p. 373, s. 6.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 16:12-1
Incorporation; meeting.§ 16:12-10
Annual parish election.§ 16:12-11
Election of officers; tenure.§ 16:12-12
Warden or vestrymember; filling vacancy.§ 16:12-13
Special parish meetings.§ 16:12-14
Changes; procedure.§ 16:12-15
Consolidation of parishes.§ 16:12-16
Property of extinct parish§ 16:12-17
"Parish" as meaning "congregation"§ 16:12-18
Incorporation§ 16:12-19
Powers; holding property in trust§ 16:12-21
Management of funds; property in trustCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 16:12-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/16/16%3A12-31.