New Jersey Statutes 42:2A-61. Injunction against foreign limited partnership
Terms Used In New Jersey Statutes 42:2A-61
- Foreign limited partnership: means a partnership formed under the laws of any state other than this State and having as partners one or more general partners and one or more limited partners. See New Jersey Statutes 42:2A-5
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- State: means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. See New Jersey Statutes 42:2A-5
(1) Without having first obtained a certificate of authority to transact business pursuant to this article;
(2) Of a character not set forth in its application for a certificate of authority to transact business or for an amended certificate;
(3) After its certificate of authority to transact business in this State has been surrendered; or
(4) After it is dissolved or its authority or existence is otherwise terminated or canceled in the jurisdiction of its organization.
b. The provisions of this section shall not exclude any other ground provided by law for injunctive relief against a foreign limited partnership to restrain it from the exercise of any franchise or the transaction of any business within this State.
c. The Superior Court may proceed in the action in a summary manner or otherwise.
L. 1983, c. 489, s. 60, eff. April 1, 1985.