New Jersey § 17:12b-260

Full text of New Jersey New Jersey Statutes § 17:12b-260, with citation guidance and answers to common questions.

§ 17:12b-260.

a. Each capital stock association shall keep books and minutes of the proceedings

of its stockholders, board and executive committee, if any. The capital stock association shall keep at its principal office a record or records

containing the names and addresses of all stockholders, the number, class and series

of shares held by each and the dates when they respectively became the owners of record

thereof. Any of the foregoing books, minutes or records may be in written form or in any

other form capable of being converted into written form within a reasonable time. A capital stock association shall convert into written form without charge any such

records in any such form upon the written request of any person entitled to inspect

them. In the case of shares of stock of a capital stock association, the records of the

holders of such shares may be kept at the office of the capital stock association's

transfer agent within or without this State. b. Any person who shall have been a stockholder of record of a capital stock association

for at least 6 months immediately preceding his demand and holding at least 5% of

the outstanding shares of any class, upon at least 5 days' written demand shall have

the right for any proper purpose to examine in person or by agent or attorney, during

usual business hours, the minutes of the proceedings of its stockholders and records

of stockholders and to make extracts therefrom, at the places where the same are kept

pursuant to subsection a. of this section. c. Nothing herein contained shall impair the power of the commissioner, upon proof

by a stockholder of proper purpose, irrespective of the period of time during which

said stockholder shall have been a stockholder of record, and irrespective of the

number of shares held by him, to compel the production for examination by such stockholder

of the books, minutes and records of stockholders of a capital stock association.

Frequently Asked Questions About New Jersey § 17:12b-260

What does New Jersey Statutes § 17:12b-260 cover?

Section 17:12b-260 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-260?

A common citation format is "New Jersey Statutes § 17:12b-260" (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-260 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.