15A:5-17. Voting of pledged memberships
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/nj/title-15a/chapter-5/15a-5-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A member whose membership interest is pledged shall be entitled to vote the membership until the membership has been transferred into the name of the pledgee, or a nominee of the pledgee.
L.1983, c. 127, s. 15A:5-17, eff. Oct. 1, 1983.