New Jersey § 28:2-10 Assignment or transfer of stock;  unclaimed stock forfeited to association

New Jersey Statutes

§ 28:2-10 — Assignment or transfer of stock; unclaimed stock forfeited to association

New Jersey § 28:2-10

Title 28HISTORIC MEMORIALS, MONUMENTS AND SITES

This text of New Jersey § 28:2-10 (Assignment or transfer of stock; unclaimed stock forfeited to association) 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. § 28:2-10 (2026).

Text

No certificate of stock issued by the Washington Association shall be assignable or transferable to any person unless the board of trustees shall give its express approval and consent to such transfer. When no request for transfer has been received within 10 years from the date of death of a stockholder, the share or shares of stock for which no request for transfer has been received shall be deemed forfeited, waived and surrendered to the association and become its property. Amended by L.1946, c. 127, p. 606, s. 1; L.1964, c. 151, s. 2.

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No certificate of stock issued by the Washington Association shall be assignable or transferable to any person unless the board of trustees shall give its express approval and consent to such transfer. When no request for transfer has been received within 10 years from the date of death of a stockholder, the share or shares of stock for which no request for transfer has been received shall be deemed forfeited, waived and surrendered to the association and become its property. Amended by L.1946, c. 127, p. 606, s. 1; L.1964, c. 151, s. 2.