§ 15A:8-1 Employee benefit plans
§ 15A:8-2 Formulation of plans
§ 15A:8-3 Amendment or termination of plans
§ 15A:8-4 Trust funds for employees; creation; maintenance and administration
§ 15A:8-5 Continuation of trust; law against perpetuities inapplicable
non profit

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Terms Used In New Jersey Statutes > Title 15A > Chapter 8 - Employee Benefit Plans

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • 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.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Trustee: A person or institution holding and administering property in trust.