Filing copy of plan and certificate of adoption and approval

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17:9A-27.51. Filing copy of plan and certificate of adoption and approval

Before any stock option plan shall be placed in operation, a copy thereof shall be filed in the Department of Banking and Insurance, together with a certificate made by 2 officers, one of whom shall be the president or a vice-president, stating that the plan has been adopted and approved in accordance with section 1.

L.1964, c. 202, s. 2.


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