17:14A-41 - Submission of merger agreement or consolidation plan to stockholders - New Jersey Statutes

17:14A-41.  Submission of merger agreement or consolidation plan to stockholders
    If the commissioner approves the merger agreement or consolidation plan, or  if the merger agreement or consolidation plan is approved after review as provided in R.S. 17:14A-40, it shall, within 180 days after the date of approval, be submitted to the stockholders of each of the companies which are parties to the agreement or plan, at separate meetings called for that purpose upon at least 20 days' notice prior to the meeting, by mail, postage prepaid, addressed to each stockholder at his address as it appears on the books of the company.  The notice shall specify the place, day and the hour of the meeting and the nature of the business to be transacted.  A copy of the merger agreement or consolidation plan shall be mailed to each stockholder of each company, together with the notice of the meeting.

     L.1983, c. 566, s. 17:14A-41.