17:12B-257. Voting rights of stockholders
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/nj/title-17/chapter-12b/17-12b-257·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
a. Each stockholder owning shares of capital stock with voting rights shall be entitled to vote at any meeting of the capital stock association. Each capital stock association shall set forth in its bylaws the voting rights of its stockholders. Each holder of shares of capital stock shall be entitled to one vote for each voting share on each matter submitted to a vote at a meeting of stockholders.
b. Stockholders may vote by written proxy if the bylaws so provide and the bylaws may prohibit voting by persons who have become stockholders within 60 days of the date when the vote is cast.
c. Each share of stock held jointly shall be allowed one vote.
L.1974, c. 137, s. 28, eff. Oct. 23, 1974.