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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 14a:
Section: 17:14a-24: Directors; number; election; term
The affairs of a safe deposit company shall be managed by a board of at least five directors elected by the stockholders of the company at each annual meeting. The persons receiving the greatest number of votes shall be the directors. The directors shall hold office for one year and until their successors are elected and qualified.
L.1983, c. 566, s. 17:14A-24.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:14a-24 (if available):
Court decisions that cite this statute:
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