17:9A-90.1 - Voting trusts - New Jersey Statutes

17:9A-90.1.  Voting trusts
    Agreements hereafter made between two or more of the stockholders of a bank  pursuant to which stock of the bank held by them is transferred to or deposited  with a trustee or agent for the purpose of vesting in such trustee or agent the  right to vote thereon, shall be invalid;  provided, that nothing herein  contained shall prohibit a stockholder of a bank from depositing stock of a  bank with a trustee or agent under the terms of a voting trust agreement presently lawfully in effect.

     L.1948, c. 67, p. 261, s. 90.1.