New Jersey § 14a:5-3
Full text of New Jersey New Jersey Statutes § 14a:5-3, with citation guidance and answers to common questions.
§ 14a:5-3.
Special meetings of the shareholders may be called by the president or the board,
or by such other officers, directors or shareholders as may be provided in the by-laws. Notwithstanding any such provision, upon the application of the holder or holders
of not less than 10% of all the shares entitled to vote at a meeting, the Superior
Court, in an action in which the court may proceed in a summary manner, for good cause
shown, may order a special meeting of the shareholders to be called and held at such
time and place, upon such notice and for the transaction of such business as may be
designated in such order. At any meeting ordered to be called pursuant to this section, the shareholders present
in person or by proxy and having voting powers shall constitute a quorum for the transaction
of the business designated in such order.
Frequently Asked Questions About New Jersey § 14a:5-3
What does New Jersey Statutes § 14a:5-3 cover?
Section 14a:5-3 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 § 14a:5-3?
A common citation format is "New Jersey Statutes § 14a:5-3" (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 § 14a:5-3 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.