N.J. Stat. § 14A:3-6.9

Current through L. 2023, c. 290.
Section 14A:3-6.9 - Applicability

In any derivative proceeding or shareholder class action against a corporation organized under the provisions of the "New Jersey Business Corporation Act,"N.J.S. 14A:1-1 et seq.:

a. Except for sections 7 and 8 of P.L. 2013, c. 42 (C.14A:3-6.7 and 6.8), which must be expressly made applicable by the corporation's certificate of incorporation, the provisions of P.L. 2013, c. 42 (C.14A:3-6.1 et seq.) shall apply to actions brought in state or federal court both within and outside of the State of New Jersey; and
b. The provisions of the corporation's certificate of incorporation may vary the applicability or effect of the provisions of P.L. 2013, c. 42 (C.14A:3-6.1 et seq.) on that corporation.

N.J.S. § 14A:3-6.9

Amended by L. 2017, c. 362,s. 1, eff. 1/16/2018.
Added by L. , c. 42,s. 9, eff. 4/1/2013.