3B:20-19 Fiduciary as issuing corporation
41 words·~1 min read·
/nj/title-3b/chapter-20/3b-20-19A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Fiduciary as issuing corporation. An exchange or conversion of securities may be made pursuant to this article notwithstanding that the fiduciary which holds the securities in a trust estate is the same corporation which issued the securities.
Amended 1997, c.26, s.19.