14A:5-23. Voting powers of bondholders; right to inspect
94 words·~1 min read·
/nj/title-14a/chapter-5/14a-5-23A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The certificate of incorporation may confer upon the holders of bonds issued by the corporation the power to vote for the election of directors and in respect to other corporate affairs and management, upon such terms and conditions as the certificate of incorporation shall provide. The certificate of incorporation or by-laws may provide for the manner of exercising such voting powers. The holders of bonds with voting powers shall, when entitled by the terms of such bonds to exercise such voting powers, have the same rights as those accorded to shareholders under section 14A:5-28.