There is a newer version of the New Jersey Revised Statutes
2013 New Jersey Revised Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:9A-6.3 - Consideration for issue; preemptive rights
NJ Rev Stat § 17:9A-6.3 (2013) What's This?
17:9A-6.3. Consideration for issue; preemptive rights
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.
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