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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 12b: Construction as revision of prior laws

      Section: 17:12b-131: Undivided profits account

           Any net income or any other available profits which remain after reserve and dividend requirements have been met, may be maintained in an undivided profits account.

L.1963, c. 144, s. 131.



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






Older versions of 17:12b-131 (if available):



Court decisions that cite this statute: CLICK HERE.