Terms Used In New Jersey Statutes 45:22A-53

  • 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.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
5. Any person, including any individual, corporation or association, who shall fail to comply with the requirements of this act shall be subject to the issuance by the agency of a cease and desist order under section 13 of P.L.1977, c.419 (C. 45:22A-33), to injunctive relief and appointment of a receiver under section 15 of P.L.1977, c.419 (C. 45:22A-35) and to civil penalties under section 18 of P.L.1977, c.419 (C. 45:22A-38); provided, however, that the minimum penalty that may be assessed under this act shall be $50 per violation.

L.1993,c.258,s.5.

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