New Jersey Statutes 14A:1-3. Application of act
Terms Used In New Jersey Statutes 14A:1-3
- 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.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
(1) every corporation which is organized under this act;
(2) every corporation which reincorporates under this act pursuant to section 14A:1-4;
(3) every corporation which was organized under or became subject to, any heretofore enacted law of this State with respect to which power to amend or repeal was reserved to the Legislature, and which provided for the organization of a corporation or corporations for a purpose or purposes for which a corporation may be organized under this act;
(4) every corporation organized under or subject to any other law of this State providing for the organization of corporations for any purpose for which a corporation may not be organized under this act
(a) to the extent that this act provides that this act shall be applicable, in whole or in part, to any such corporation; or
(b) to the extent that the law applicable to any such corporation provides that this act shall be applicable to any such corporation;
(5) foreign corporations to the extent provided in this act; and
(6) commerce with foreign nations and among the several states, and to foreign corporations, including those formed by or under any act of Congress, only to the extent permitted under the Constitution and laws of the United States.
L.1968, c.350.