™Your Policy Risk Impact Agent
17 chapters · 171 sections in this title.
N.J.S.A. 15A:7-1 Certificates or other written evidence of membership
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15A:7-1. Certificates or other written evidence of membership a. Memberships in a corporation may be, but need not be, represented by certificates or other written evidence of membership. Unless the certificate of incorporation or bylaws otherwise provide, the certificates or wri…
N.J.S.A. 15A:7-2 Restrictions on transfer of memberships
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15A:7-2. Restrictions on transfer of memberships a. Memberships of a corporation shall be personal property and, unless otherwise provided in the certificate of incorporation or bylaws, are not transferable and terminate upon the death of the member. b. If memberships are transfe…
