New Jersey § 15a:7-1
Full text of New Jersey New Jersey Statutes § 15a:7-1, with citation guidance and answers to common questions.
§ 15a:7-1.
a. Memberships in a corporation may be, but need not be, represented by certificates
or other written evidence of membership. Unless the certificate of incorporation or bylaws otherwise provide, the certificates
or written evidences shall be signed by, or in the name of the corporation by, the
chairman of the board, or the president or a vice-president, and by the treasurer
or an assistant treasurer, or the secretary or an assistant secretary of the corporation
and may be sealed with the seal of the corporation or a facsimile thereof. b. Each certificate or other written evidence representing membership delivered after
the effective date of this act shall state upon the face thereof: (1) That the corporation is organized under the laws of this State; (2) The name of the person to whom it is issued; and (3) The class of membership, if any, which such certificate represents. c. Every certificate or other written evidence of membership delivered after the effective
date of this act by a corporation having more than one class of members shall set
forth upon the face or back of the certificate or the written evidence, either a full
statement of the designations and relative rights of each class of membership to be
issued or a statement that the corporation will furnish to any member, upon request
and without charge, a full statement.
Frequently Asked Questions About New Jersey § 15a:7-1
What does New Jersey Statutes § 15a:7-1 cover?
Section 15a:7-1 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:7-1?
A common citation format is "New Jersey Statutes § 15a:7-1" (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:7-1 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.