New Jersey § acts:saved-46 - (3)
Full text of New Jersey New Jersey Statutes § acts:saved-46 — (3), with citation guidance and answers to common questions.
§ acts:saved-46. (3)
3. The capital stock of every such company shall be paid in at such times, upon such
notice, and in such manner and installments as the directors of said company by their
by-laws or otherwise may direct, and such payment shall be made either in money or
in land, situated in places named in the said certificate, the land to be appraised
by the board of directors, and taken at such value by said company on such terms as
may be agreed upon, and in case of the failure of any stockholder to pay his or her
installment at the place and within thirty days of the time appointed for the payment
thereof, such stockholder shall incur a forfeiture of his or her share or shares,
and of all previous payments thereon, for the use of said company.
Frequently Asked Questions About New Jersey § acts:saved-46
What does New Jersey Statutes § acts:saved-46 cover?
Section acts:saved-46 ("(3)") 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 § acts:saved-46?
A common citation format is "New Jersey Statutes § acts:saved-46" (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 § acts:saved-46 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.