17:9A-6.3. Consideration for issue; preemptive rights
39 words·~1 min read·
/nj/title-17/chapter-9a/17-9a-6-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Authorized but unissued stock may be issued pursuant to this act for cash or for consideration other than cash, and may be issued without first being offered to existing stockholders.
L.1970, c. 294, s. 3, eff. Dec. 14, 1970.