New Jersey Statutes 17:9A-13. Beginning of corporate existence; certificate of incorporation as evidence
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Terms Used In New Jersey Statutes 17:9A-13
- 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.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
A. Upon the filing of the certificate of incorporation as specified in section 12, the subscribers to the certificate, their successors and assigns, shall be a corporation by the name stated in the certificate, subject to the provisions of this act, and subject to dissolution as in this act or otherwise by law provided; but no bank or savings bank shall transact any business whatsoever, except that relating to its organization, until it has received from the commissioner a certificate of authority to transact business, as hereinafter provided.
B. The certificate of incorporation, or a copy thereof certified by the commissioner, shall be evidence in all courts and places.
L.1948, c. 67, p. 190, s. 13.