15A:10-3 - Approval by corporation not having members entitled to vote - New Jersey Statutes

15A:10-3.  Approval by corporation not having members entitled to vote
    When a corporation is without members entitled to vote thereon, a merger or  consolidation shall be approved upon receipt of the affirmative vote of two-thirds of the trustees present at a meeting called for the purpose of considering and voting upon the proposed merger or consolidation, unless a greater number is fixed by the certificate of incorporation or the bylaws.

     L.1983, c. 127, s. 15A:10-3, eff. Oct. 1, 1983.