2016 New Jersey Revised Statutes
Title 17 - Corporations And Institutions For Finance And Insurance
Section 17:9A-95 - Summary Review Of Elections By Superior Court

NJ Rev Stat § 17:9A-95 (2016) What's This?

17:9A-95. Summary review of elections by Superior Court
Upon application of any stockholder who questions an election of directors of a bank, the Superior Court, if such application be made in an action brought within twenty days after the election and if reasonable notice of the intended application shall have been given to the bank and to those whose election is questioned, shall have jurisdiction to confirm the questioned election, or order a new election, or make such other order and give such relief as justice may require. The court may proceed in the action in a summary manner or otherwise.

L.1948, c. 67, p. 263, s. 95. Amended by L.1953, c. 17, p. 166, s. 21.


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