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·Title 48 PUBLIC UTILITIES
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.
Free access — add to your briefcase to read the full text and ask questions with AI
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) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 48:5A-1
Short title§ 48:5A-10
Rules and regulations; promulgation; subject matter; cooperation with federal regulatory agencies.§ 48:5A-11.5
No charge permitted§ 48:5A-11.6
No charge if connected by subscriber, in series§ 48:5A-11.7
Installation§ 48:5A-11.8
Charge for connection of auxiliary equipment§ 48:5A-11.9
Other law not superseded§ 48:5A-11a
Cable TV outages.§ 48:5A-11b
Notices to subscribers.