New Jersey Statutes
§ 55:19-10 — Subsidiary stock issuance
New Jersey·Title 55 TENEMENT HOUSES AND PUBLIC HOUSING
Any subsidiary, upon authorization by the corporation, may issue its stock and employ the proceeds of such sales for capital investment in, or other expenses in connection with, the projects of the subsidiary. L. 1985, c. 227, s. 10, eff. July 8, 1986.
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Nearby Sections
15
§ 55:19-1
Short title§ 55:19-10
Subsidiary stock issuance§ 55:19-100
Municipal recourse with respect to lien.§ 55:19-101
Special tax sales; notice.§ 55:19-11
Self-dealing prohibition§ 55:19-12
Authorized investment§ 55:19-13
Employment tax credit§ 55:19-14
No eminent domain; municipal regulation§ 55:19-15
Prevailing wage rate