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Current as of January 01, 2024 | Updated by Findlaw Staff
An association incorporated under this chapter may provide in its certificate of incorporation or by-laws for proportionate or unequal voting rights of all its members based upon the patronage of said members, which shall be exercised when and as provided in said by-laws, except that no member shall be entitled to more than one vote in any case in which a statute requires the affirmative vote of a majority or more of the members. The method by which such proportionate voting rights shall be as determined and fixed in the certificate of incorporation or by-laws as the case may be.
Cite this article: FindLaw.com - New Jersey Statutes Title 4. Agriculture and Domestic Animals 4 § 13-24.1 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-4-agriculture-and-domestic-animals/nj-st-sect-4-13-24-1/
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