New Jersey Statutes 14A:13-17. Definitions
Terms Used In New Jersey Statutes 14A:13-17
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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
- Trustee: A person or institution holding and administering property in trust.
a. “Director” shall mean the Director of the Division of Taxation of the State Department of the Treasury.
b. “Corporation” shall mean any corporation, joint-stock company or association and any business conducted by a trustee or trustees wherein interest or ownership is evidenced by a certificate of interest or ownership or similar written instrument.
c. “Calendar year” shall mean an accounting period ending on the last day of December on the basis of which the corporation is required to report for Federal income tax purposes.
d. “Fiscal year” shall mean an accounting period ending on any day other than the last day of December on the basis of which the corporation is required to report for Federal income tax purposes.
e. “Accounting period” shall mean the calendar or fiscal year, or part thereof, for which a report is due under this act.
L.1973, c. 171, s. 4, eff. June 7, 1973.