New Jersey § 4:13-19
Full text of New Jersey New Jersey Statutes § 4:13-19, with citation guidance and answers to common questions.
§ 4:13-19.
The board of directors of an association shall consist of not less than 3 persons
and the directors shall be members of the association or individual representatives
of corporate members thereof. The directors shall be chosen annually by the members or delegates and shall hold
office for 1 year, except that an association, by so providing in its by-laws, may
elect several classes of directors for different terms, classifying them according
to their tenure. In such case no class shall be elected for a shorter period than 1 year or a longer
period than 3 years and the term of office of at least one class shall expire in each
year. Directors shall hold office until their successors have been elected and qualified
and have entered upon the discharge of their duties. Vacancies shall be filled as provided in the by-laws. No director, during his term of office, shall be a party to a contract for profit
with the association differing from the business relations accorded other members,
except as the director may be employed by the association. The board shall manage the affairs of the association and perform other duties specifically
imposed upon it by this chapter except that if provided in the by-laws the board may
appoint an executive committee of not less than 3 members from among the board of
which the president shall be one to act for the board of directors between meetings.
Frequently Asked Questions About New Jersey § 4:13-19
What does New Jersey Statutes § 4:13-19 cover?
Section 4:13-19 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 § 4:13-19?
A common citation format is "New Jersey Statutes § 4:13-19" (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 § 4:13-19 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.