New Jersey Statutes

§ 16:13-7 — Corporate action by majority vote; right to vote

New Jersey § 16:13-7
JurisdictionNew Jersey
Title 16CORPORATIONS AND ASSOCIATIONS, RELIGIOUS

This text of New Jersey § 16:13-7 (Corporate action by majority vote; right to vote) 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. § 16:13-7 (2026).

Text

The proceedings, orders and acts of a majority of all the members of the corporation, but not of a less number, shall be valid and effectual. No member shall be allowed to vote on any matter which immediately affects himself, his private interest or emolument.

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Bluebook (online)
New Jersey § 16:13-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/16/16%3A13-7.