Terms Used In New Jersey Statutes 4:13-1

  • 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.
“Agricultural products” includes horticultural, viticultural, floricultural, forestry, dairy, livestock, fur-bearing animals, poultry, bee and any farm products, including fresh and salt water food products.

“Association” means an association incorporated or a foreign corporation authorized to do business under this chapter.

“Member” means an actual member of an association without capital stock and a holder of common stock in an association with capital stock.

Amended by L.1953, c. 332, p. 1881, s. 1; L.1966, c. 286, s. 1.