New Jersey Statutes 48:9-25.3. Powers granted by act are additional powers
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Terms Used In New Jersey Statutes 48:9-25.3
- 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.
The rights, powers and privileges conferred by this act shall be in addition to, and not in substitution for, or in derogation of, whatever other rights, powers, privileges, franchises and authority such corporation may have.
L.1949, c. 107, p. 439, s. 2, eff. May 11, 1949.