12:11A-15. Additional reserve funds
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/nj/title-12/chapter-11a/12-11a-15·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The corporation may establish such additional and further reserve funds as may be, in its discretion, necessary and desirable or to comply with the provisions of any agreement made by or any resolution of the corporation.
L.1968, c. 60, s. 15, eff. June 13, 1968.