| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 48, PUBLIC UTILITIES
Chapter 5a:
Section: 48:5a-41: Loan of money or property to owners or corporations owned by shareholders; approval of board
Except with the approval in writing of the board first had and obtained, no CATV company shall loan any of its money or property to any other person owning, holding or controlling, separately or in affiliation with others, 5\% or more of the capital stock of any such CATV company, or to any corporation 5\% or more of the capital stock of which is owned, held or controlled by any person owning, holding or controlling, separately or in affiliation with others, 5\% or more of the capital stock of such CATV company.
L.1972, c. 186, s. 41.
This section added to the Rutgers Database: 2012-09-26 13:37:55.
Older versions of 48:5a-41 (if available):
Court decisions that cite this statute:
CLICK HERE.