2013 New Jersey Revised Statutes
Section 34:17-11 - Holding interest in other society

NJ Rev Stat § 34:17-11 (2013) What's This?

34:17-11. Holding interest in other society
Any society incorporated under this chapter may hold in its corporate name any amount of interest in any other society through which its products are disposed of or its supplies secured, but not in excess of one-third in value of the paid-up capital of the society holding such interest.

Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.