§ 17:25-1 Classes of stock
§ 17:25-2 Stipulations in stock subscriptions
§ 17:25-3 Declaration of dividends by companies specially incorporated
§ 17:25-4 Retirement of unclaimed scrip
§ 17:25-5 Affidavit filed; certificate of diligent inquiry
§ 17:25-6 Amount paid into state treasury; scrip deemed retired
§ 17:25-7 Escheat of deposit after twenty years
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Terms Used In New Jersey Statutes > Title 17 > Chapter 25 - Classes of Stock

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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.
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2