Certificate of Incorporation: Supermajority Requirement for By-Law Amendments (NJ) | Practical Law

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments (NJ) | Practical Law

A Standard Clause for the certificate of incorporation of a New Jersey corporation restating the statutory authority of the board of directors to adopt, amend, or repeal by-laws, or requiring the affirmative vote of a supermajority of the shareholders to adopt, amend, or repeal a by-law. This Standard Clause has integrated notes with important explanations and drafting tips.

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments (NJ)

Practical Law Standard Clauses w-000-1085 (Approx. 6 pages)

Certificate of Incorporation: Supermajority Requirement for By-Law Amendments (NJ)

by Practical Law Corporate & Securities
Law stated as of 07 Jul 2023New Jersey
A Standard Clause for the certificate of incorporation of a New Jersey corporation restating the statutory authority of the board of directors to adopt, amend, or repeal by-laws, or requiring the affirmative vote of a supermajority of the shareholders to adopt, amend, or repeal a by-law. This Standard Clause has integrated notes with important explanations and drafting tips.