What You Need To Know:
•New Jersey corporations may now hold fully remote shareholder meetings even absent a state of emergency.
•Boards of directors must still adopt guidelines and procedures governing remote...more
On April 14, 2020, Sections 15A:5-1 and 15A:5-4 of the New Jersey Nonprofit Corporation Act were amended to permit New Jersey nonprofit corporations to hold member meetings by means of remote communication. During a state of...more
What You Need to Know:
- New Jersey corporations are permitted to hold shareholder meetings solely by remote participation during a state of emergency declared by the Governor.
- A board of directors must approve remote...more