New Jersey Statutes 17:9A-95. Summary review of elections by Superior Court
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 17:9A-95
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
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.