Holding interest in other society

1. Law
2. New Jersey Revised Statutes
3. Labor and Workmen's Compensation
4. Holding interest in other society

34:17-11. Holding interest in other society

Any society incorporated under this chapter may hold in its corporate name any amount of interest in any other society through which its products are disposed of or its supplies secured, but not in excess of one-third in value of the paid-up capital of the society holding such interest.

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