New Jersey § 3B:20-29 Merger of certificates deposited

New Jersey Statutes

§ 3B:20-29 — Merger of certificates deposited

New Jersey § 3B:20-29

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:20-29 (Merger of certificates deposited) 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. § 3B:20-29 (2026).

Text

When securities are deposited, certificates representing securities of the same class of the same issuer may be merged and held in bulk in the name of the nominee of the clearing corporation with any other securities deposited in the clearing corporation by any person regardless of the ownership of the securities, and certificates of small denomination may be merged into one or more certificates of larger denomination. L.1981, c. 405, s. 3B:20-29, eff. May 1, 1982.

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When securities are deposited, certificates representing securities of the same class of the same issuer may be merged and held in bulk in the name of the nominee of the clearing corporation with any other securities deposited in the clearing corporation by any person regardless of the ownership of the securities, and certificates of small denomination may be merged into one or more certificates of larger denomination. L.1981, c. 405, s. 3B:20-29, eff. May 1, 1982.