New Jersey § 48:12-129
Full text of New Jersey New Jersey Statutes § 48:12-129, with citation guidance and answers to common questions.
§ 48:12-129.
Every agreement of consolidation or merger authorized by this chapter shall be submitted
to the stockholders of each of the companies parties to such proposed consolidation
or merger and every agreement of lease authorized by this chapter shall be submitted
to the stockholders of each lessor company party to such proposed lease at a meeting
called for the purpose. Notice of the time, place and object thereof shall be mailed to the residence or
post-office address of each stockholder, if known, and published in a newspaper in
the city, town or county where such company has its principal office or place of business,
at least once a week for at least 2 weeks. At such meeting or meetings the agreement of consolidation, merger or lease shall
be considered and a vote by ballot taken for its adoption or rejection. If 2 / 3 of the value of all votes cast at such meeting or meetings by stockholders voting
in person or by proxy shall be for the adoption of said agreement that fact shall
be certified thereon by the secretary or an assistant secretary of each company required
by this chapter to submit said agreement to its stockholders under its seal.
Frequently Asked Questions About New Jersey § 48:12-129
What does New Jersey Statutes § 48:12-129 cover?
Section 48:12-129 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 § 48:12-129?
A common citation format is "New Jersey Statutes § 48:12-129" (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 § 48:12-129 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.