N.J. Stat. § 16:1-5

Current through L. 2023, c. 256.

Section 16:1-5 - Corporate action by majority of members; presence in person; validity

The proceedings, orders and acts of a majority of the members of such corporation present in person at any duly convened annual or special meeting, but not of a less number shall be valid and effectual.

N.J.S. § 16:1-5

Amended by L.1955, c.124, p.605, s.1, eff. 7/8/1955.