New Jersey § 15a:5-13
Full text of New Jersey New Jersey Statutes § 15a:5-13, with citation guidance and answers to common questions.
§ 15a:5-13.
If the corporation holds interests or memberships which entitle it to cast the plurality
of the votes required for the election of directors of a domestic or foreign corporate
entity or the election of trustees of a domestic or foreign corporation, any of which
are herein referred to as a “controlled entity,” any memberships in the corporation
held by the controlled entity shall not be voted at any meeting or counted in determining
the total number of members at any given time. A “ plurality ” means the minimum number of interests or memberships necessary to elect a majority
of directors or trustees based upon the total number of interests or memberships which
may be voted in that election.
Frequently Asked Questions About New Jersey § 15a:5-13
What does New Jersey Statutes § 15a:5-13 cover?
Section 15a:5-13 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 15a:5-13?
A common citation format is "New Jersey Statutes § 15a:5-13" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 15a:5-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.