Section 17:48E-61 - Directors, officers continue to serve.

NJ Rev Stat § 17:48E-61 (2019) (N/A)
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17:48E-61 Directors, officers continue to serve.

13. The directors and officers of the health service corporation, unless otherwise specified in the plan of conversion, shall serve as the directors and officers of the converted insurer until new directors and officers are duly elected pursuant to the articles of incorporation and bylaws of the converted insurer.

L.2001,c.131,s.13.