2013 New Jersey Revised Statutes
Section 34:17-9 - Capital stock

NJ Rev Stat § 34:17-9 (2013) What's This?

34:17-9. Capital stock
The capital stock of such society shall be divided into shares the par value of which shall not be more than fifty dollars, and no share shall be issued for less than its par value. No certificate of shares shall be issued to any member until his shares are fully paid up.

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