New Jersey Statutes 15A:14-26. Reorganization under act of congress; powers and duties of state instrumentalities
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Terms Used In New Jersey Statutes 15A:14-26
- 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
Nothing contained in sections 15A:14-24 and 15A:14-25 shall be construed to abrogate, limit or restrict the powers and duties over any corporation imposed or conferred by law on any State officer, board, commission or other agency.
L.1983, c. 127, s. 15A:14-26, eff. Oct. 1, 1983.