17:9A-112. Officers; tenure; removal
62 words·~1 min read·
/nj/title-17/chapter-9a/17-9a-112A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to removal by the board of directors at its pleasure, or by the commissioner pursuant to section 249, each officer shall hold office from the time of his election or appointment until the first meeting of the board of directors, following the next annual meeting of stockholders, at which officers are elected or appointed.
L.1948, c. 67, p. 273, s. 112.