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Code · New Jersey · Title 34 — Public Health and Safety · Chapter 17

34:17-9. Capital stock

52 words·~1 min read·/nj/title-34/chapter-17/34-17-9

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The capital stock of such society shall be divided into shares the par value of which shall not be more than fifty dollars, and no share shall be issued for less than its par value. No certificate of shares shall be issued to any member until his shares are fully paid up.
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