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131 chapters · 3,637 sections in this title.
N.J.S.A. 17:25-1 Classes of stock
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17:25-1. Classes of stock No stock company formed under chapters 17 to 33 of this title (s. 17:17-1 et seq.) shall create more than one class of stock except, however, that preferred or nonvoting stock, or both, may be issued if the amount of the stock so issued shall not at any …
N.J.S.A. 17:25-2 Stipulations in stock subscriptions
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17:25-2. Stipulations in stock subscriptions Every subscription to the capital stock of a stock company shall contain the stipulation that no sum shall be used for commission, promotion or organization expenses in excess of a per cent of the amount paid upon the stock subscriptio…
N.J.S.A. 17:25-3 Declaration of dividends by companies specially incorporated
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17:25-3. Declaration of dividends by companies specially incorporated Any insurance company organized under a special law may declare dividends out of its surplus earnings at such times and at such per cent of its capital stock as a majority of the directors determines. No divide…
N.J.S.A. 17:25-4 Retirement of unclaimed scrip
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17:25-4. Retirement of unclaimed scrip When a company incorporated as a mutual insurance company has issued scrip or certificates of contribution to its capital, but is unable to ascertain the name or residence of the present owner thereof to whom to pay the interest or dividends…
