New Jersey § 17:12b-254

Full text of New Jersey New Jersey Statutes § 17:12b-254, with citation guidance and answers to common questions.

§ 17:12b-254.

a. Subject to subsection b. of this section, stockholders' meetings shall be held at the capital stock association's principal office or at

such other place within the State of New Jersey as the board shall designate. b. Any meeting of stockholders may be held solely or in part by means of remote communication

to the extent the board authorizes and adopts guidelines and procedures governing

such a meeting. (1) One or more stockholders may participate in a meeting of stockholders by means

of remote communication to the extent the board authorizes that participation, including

the authorization of a meeting of stockholders held solely by means of remote participation. Stockholder meetings conducted in part or solely by means of remote communication

and any stockholder's remote participation in those meetings shall be subject to those

guidelines and procedures as the board adopts, and shall be in conformity with this

subsection. (2) A stockholder participating in a meeting of stockholders by means of remote communication

in reliance upon paragraph (1) of this subsection shall be deemed present in person

and shall be entitled to vote at the meeting. In any meeting conducted in part or solely by means of remote communication in reliance

upon paragraph (1) of this subsection, the association shall implement reasonable

measures to: (a) verify that each person participating remotely is a stockholder or a proxy of

a stockholder; (b) provide each stockholder participating remotely with a reasonable opportunity

to participate in the meeting, including an opportunity to vote on matters submitted

to the stockholders, and to read or hear the proceedings of the meeting substantially

concurrently with those proceedings; and (c) record and maintain a record of any votes or other actions taken by remote communication

at the meeting.

Frequently Asked Questions About New Jersey § 17:12b-254

What does New Jersey Statutes § 17:12b-254 cover?

Section 17:12b-254 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 § 17:12b-254?

A common citation format is "New Jersey Statutes § 17:12b-254" (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 § 17:12b-254 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.