New Jersey Statutes 40A:20-19. Construction of act in place of repealed statutory entities
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Terms Used In New Jersey Statutes 40A:20-19
- 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.
- Statute: A law passed by a legislature.
19. Whenever in any law, the term “urban renewal corporation,” “urban renewal association,” “nonprofit urban renewal corporation,” “limited dividend housing corporation,” “limited dividend housing association,” “nonprofit housing corporation,” “senior citizen nonprofit housing corporation,” or similar entity for which the authorizing statute is repealed by this act, appears, that term shall be deemed to refer to an “urban renewal entity” established under this act, and the law in which the term occurs shall be construed with respect to, and in a manner consistent with, this act.
L.1991,c.431,s.19.