Terms Used In New Jersey Statutes 52:18B-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.
13. The corporation may adopt any rules and regulations to effectuate the purposes of this act and, if it does so, shall apply the procedures of the “Administrative Procedure Act,” P.L.1968, c.410 (C. 52:14B-1 et seq.), with respect thereto.

L.2002,c.32,s.13.