New Jersey Statutes 15A:5-23. Review of elections by superior court
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Terms Used In New Jersey Statutes 15A:5-23
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Any election by members may be reviewed by the Superior Court in a summary manner, or otherwise, in an action brought by a member entitled to vote at the election upon notice to the persons elected, the corporation and all other persons as the court may direct. The court may confirm the election, order a new election or provide all other relief as justice may require.
L.1983, c. 127, s. 15A:5-23, eff. Oct. 1, 1983.