New Jersey § 48:5A-43 Sale or transfer of stock to other CATV corporation or to corporation or person resulting in acquisition of majority in interest; authorization

New Jersey Statutes

§ 48:5A-43 — Sale or transfer of stock to other CATV corporation or to corporation or person resulting in acquisition of majority in interest; authorization

New Jersey § 48:5A-43

Title 48PUBLIC UTILITIES

This text of New Jersey § 48:5A-43 (Sale or transfer of stock to other CATV corporation or to corporation or person resulting in acquisition of majority in interest; authorization) 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. § 48:5A-43 (2026).

Text

No CATV company incorporated under the laws of this State shall sell, nor shall any such CATV company permit to be made upon its books any transfer of any share or shares of its capital stock to any other CATV corporation, unless authorized to do so by the board. Nor shall any CATV company incorporated under the laws of this State sell any share or shares of its capital stock or make or permit to be made upon its books any transfer thereof to any corporation, domestic or foreign, or any person, the result of which sale or transfer in itself or in connection with other previous sales or transfers shall be to vest in such corporation or person a majority in interest of the outstanding capital stock of such CATV company, unless authorized to do so by the board. L.1972, c. 186, s. 43.

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No CATV company incorporated under the laws of this State shall sell, nor shall any such CATV company permit to be made upon its books any transfer of any share or shares of its capital stock to any other CATV corporation, unless authorized to do so by the board. Nor shall any CATV company incorporated under the laws of this State sell any share or shares of its capital stock or make or permit to be made upon its books any transfer thereof to any corporation, domestic or foreign, or any person, the result of which sale or transfer in itself or in connection with other previous sales or transfers shall be to vest in such corporation or person a majority in interest of the outstanding capital stock of such CATV company, unless authorized to do so by the board. L.1972, c. 186, s. 43.