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

    Chapter 21: Proxy voting permitted at elections

      Section: 17:21-3: Election of directors of benefit companies

           All elections of directors of any stock insurance company of this state incorporated by special charter, whose object is to assist its sick or needy members, or aid in defraying funeral expenses of deceased members and make provision for their families, shall be by the stockholders of the company, and no policyholder or person insured in the company may vote at an election unless he is also a stockholder.



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






Older versions of 17:21-3 (if available):



Court decisions that cite this statute: CLICK HERE.