17:52-19. Other corporations; powers
50 words·~1 min read·
/nj/title-17/chapter-52/17-52-19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Corporations of this State other than banks and trust companies may also become stockholders of a business development corporation, except in any case where the certificate of incorporation or the by-laws of such corporation forbid the ownership of stock by any such corporation.
L.1957, c. 218, p. 761, s. 19.