N.J. Stat. § 48:24-14

Current through L. 2024, c. 87.
Section 48:24-14 - Quorum

If the total number of members of a rural electric cooperative shall exceed 1,000, then at least 100 of the members present in person shall constitute a quorum for the transaction of business at all meetings of members. In the case of a joint membership, the presence at a meeting of either joint member or both shall be regarded as the presence of one member. If less than a quorum is present at any meeting, a majority of those members present in person may adjourn the meeting from time to time without further notice.

N.J.S. § 48:24-14

Added by L. 2017, c. 297,s. 14, eff. 1/16/2018.