New Jersey § 14a:6-16
Full text of New Jersey New Jersey Statutes § 14a:6-16, with citation guidance and answers to common questions.
§ 14a:6-16.
(1) Any officer elected by the board may be removed by the board with or without cause. An officer elected by the shareholders may be removed, with or without cause, only
by vote of the shareholders but his authority to act as an officer may be suspended
by the board for cause. The removal of an officer shall be without prejudice to his contract rights, if any. Election of an officer shall not of itself create contract rights. (2) An officer may resign by written notice to the corporation. The resignation shall be effective upon receipt thereof by the corporation or at
such subsequent time as shall be specified in the notice of resignation. (3) Any vacancy occurring among the officers, however caused, shall be filled in the
manner provided in the by-laws. In the absence of such provision, any vacancy shall be filled by the board.
Frequently Asked Questions About New Jersey § 14a:6-16
What does New Jersey Statutes § 14a:6-16 cover?
Section 14a:6-16 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:6-16?
A common citation format is "New Jersey Statutes § 14a:6-16" (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:6-16 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.