New Jersey Statutes
§ 48:24-12 — Board of directors.
New Jersey § 48:24-12
JurisdictionNew Jersey
Title 48PUBLIC UTILITIES
This text of New Jersey § 48:24-12 (Board of directors.) 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. § 48:24-12 (2026).
Text
12.
a.The business and affairs of a rural electric cooperative shall be managed under the direction of a board of not less than three directors who shall be natural persons of full age. All directors shall be members of the cooperative.
b.Any vacancy occurring in the board of directors of the cooperative shall be filled by the remaining directors in accordance with the bylaws of the cooperative. L.2017, c.297, s.12.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 48:24-1
Short title.§ 48:24-10
Liability for, payment of debts.§ 48:24-11
Certificate of membership.§ 48:24-12
Board of directors.§ 48:24-13
Meetings.§ 48:24-14
Quorum.§ 48:24-15
Voting.§ 48:24-16
Operating expenses; revenues.§ 48:24-17
Merger, consolidation, division.§ 48:24-18
Dissolution.§ 48:24-19
Security of borrowed money.§ 48:24-4
Articles of incorporation.§ 48:24-6
Liberal construction.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 48:24-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/48/48%3A24-12.