# N.J. Stat. § 55:19-10: Subsidiary stock issuance

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-10

## Section

- **Citation:** N.J. Stat. § 55:19-10
- **Heading:** Subsidiary stock issuance
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 55 / Chapter 19 / Section 19-10

## Text

Any subsidiary, upon authorization by the corporation, may issue its stock and employ the proceeds of such sales for capital investment in, or other expenses in connection with, the projects of the subsidiary. L. 1985, c. 227, s. 10, eff. July 8, 1986.

## Nearby sections

- [N.J. Stat. § 55:19-1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-1.md)
- [N.J. Stat. § 55:19-2 Findings, declarations](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-2.md)
- [N.J. Stat. § 55:19-3 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-3.md)
- [N.J. Stat. § 55:19-4 Urban Development Corporation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-4.md)
- [N.J. Stat. § 55:19-5 Coordination with other State programs; advisory council](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-5.md)
- [N.J. Stat. § 55:19-6 Powers of the corporation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-6.md)
- [N.J. Stat. § 55:19-7 Subsidiary corporations](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-7.md)
- [N.J. Stat. § 55:19-8 Joint ventures](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-8.md)
- [N.J. Stat. § 55:19-9 Loans for "projects."](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-9.md)
- [N.J. Stat. § 55:19-10 Subsidiary stock issuance](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-10.md)
- [N.J. Stat. § 55:19-11 Self-dealing prohibition](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-11.md)
- [N.J. Stat. § 55:19-12 Authorized investment](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-12.md)
- [N.J. Stat. § 55:19-13 Employment tax credit](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-13.md)
- [N.J. Stat. § 55:19-14 No eminent domain; municipal regulation](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T55_C19_S19-10. Check the current official text before relying on it. Not legal advice.