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New Jersey Statutes, Title: 34, LABOR AND WORKMEN'S COMPENSATION
Chapter 17: Purposes
Section: 34:17-9: Capital stock
The capital stock of such society shall be divided into shares the par value of which shall not be more than fifty dollars, and no share shall be issued for less than its par value. No certificate of shares shall be issued to any member until his shares are fully paid up.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 34:17-9 (if available):
Court decisions that cite this statute:
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