New Jersey § 48:24-4
Full text of New Jersey New Jersey Statutes § 48:24-4, with citation guidance and answers to common questions.
§ 48:24-4.
The articles of incorporation of a rural electric cooperative existing under P.L.2017, c. 297 ( C.48:24-1 et al.) shall state: a. The name of the cooperative, which shall include the words “Rural Electric Cooperative”
and shall not be confusingly similar to the name of any other corporation in this
State; b. The purposes for which the cooperative is formed; c. The names and addresses of the incorporators who shall serve as directors, and
manage the affairs, of the cooperative until its first annual meeting of members or
until their successors are elected and qualified; d. The number of directors, not less than three, to be elected at the annual meetings
of members; e. The address, including street and number, if any, of the cooperative's registered
office; f. The period of duration of the cooperative, which may be perpetual; g. The terms and conditions upon which persons will be admitted to, and retain, membership
in the cooperative, provided that, if expressly so stated, the determination of these
matters may be reserved to the directors by the bylaws; and h. Other provisions, not inconsistent with law, which the incorporators or directors
choose to insert for the regulation of the business and affairs of the cooperative.
Frequently Asked Questions About New Jersey § 48:24-4
What does New Jersey Statutes § 48:24-4 cover?
Section 48:24-4 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 § 48:24-4?
A common citation format is "New Jersey Statutes § 48:24-4" (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 § 48:24-4 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.