Undivided profits account

New Jersey Statutes Annotated

Section: 17:12B-131.

Jurisdiction: NJ

Bluebook Citation: N.J.S.A. 17:12B-131

Any net income or any other available profits which remain after reserve and dividend requirements have been met, may be maintained in an undivided profits account. L.1963, c. 144, s. 131.

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