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New Jersey Statutes, Title: 14A, CORPORATIONS, GENERAL

    Chapter 17: Legislative intent

      Section: 14A:17-12: Transfer of shares

           No shareholder of a professional corporation may transfer his shares in such corporation except to the corporation or to another individual who is eligible to be a shareholder of such corporation.

L.1969, c. 232, s. 12, eff. Dec. 16, 1969.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 14a:17-12 (if available):



Court decisions that cite this statute: CLICK HERE.