New Jersey Statutes 45:1-16. Definitions
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Terms Used In New Jersey Statutes 45:1-16
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- Trustee: A person or institution holding and administering property in trust.
As used within this act the following words or terms shall have the indicated definition unless the context clearly indicates otherwise.
“Board” means any professional or occupational licensing board designated in section 2 of this act.
“Director” means the Director of the Division of Consumer Affairs in the Department of Law and Public Safety.
“Person” means any natural person or his legal representative, partnership, corporation, company, trust, business entity or association, and any agent, employee, salesman, partner, officer, director, member, stockholder, associate, trustee or cestuis que trust thereof.
L.1978, c. 73, s. 3, eff. July 13, 1978.