§ 42:3-1 Under authority of R.S. 42:3-1 et seq
§ 42:3-2 Amending statement
§ 42:3-3 Use of word “limited” in name; display of name
§ 42:3-4 Meetings of members of association; election of officers
§ 42:3-5 Contracting debts
§ 42:3-6 Real estate; purchase, ownership and disposition
§ 42:3-7 Deeds, bonds and mortgages; execution and acknowledgment; seal
§ 42:3-8 Actions by and against association; service of process
§ 42:3-9 Liability of individual members; executions
§ 42:3-10 Execution against members; subscription book
§ 42:3-11 Interests deemed personal, transfer
§ 42:3-12 Loan of association’s credit, name or capital
§ 42:3-13 Division of profits of business
§ 42:3-13.1 Renewal or continuation of term of existence; resolution; statement; recording
§ 42:3-13.2 Time of renewal
§ 42:3-13.3 Successive periods of renewal or continuation; duration of period
§ 42:3-13.4 Dissatisfied member entitled to his interests; procedure
§ 42:3-14 Dissolution; when authorized; notice; publication
§ 42:3-15 Association continued for closing affairs
§ 42:3-16 Managers as trustees for purpose of settlement; powers
§ 42:3-17 Trustees may sue or be sued
§ 42:3-18 Validity of deed made by trustees
§ 42:3-19 Receiver for expired or dissolved association; application; summary hearing
§ 42:3-20 Designation or appointment of trustees or receivers
§ 42:3-21 General powers of trustees or receivers
§ 42:3-22 Sale of property of association by receivers
§ 42:3-23 Continuance of powers of trustees
§ 42:3-24 Application for injunctive relief and for receivers or trustees for insolvent association
§ 42:3-25 Injunctive relief
§ 42:3-26 Appointment of receivers or trustees when injunctive relief granted
§ 42:3-27 Oath of receivers or trustees; filing
§ 42:3-28 Jurisdiction of Superior Court
§ 42:3-29 Creditors paid pro rata; disposition of balance

Terms Used In New Jersey Statutes > Title 42 > Chapter 3 - Under Authority of R.S. 42:3-1 Et Seq

  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • oath: includes "affirmation. See New Jersey Statutes 1:1-2
  • Oath: A promise to tell the truth.
  • 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.
  • 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
  • Personal property: All property that is not real property.
  • Personal property: includes goods and chattels, rights and credits, moneys and effects, evidences of debt, choses in action and all written instruments by which any right to, interest in, or lien or encumbrance upon, property or any debt or financial obligation is created, acknowledged, evidenced, transferred, discharged or defeated, in whole or in part, and everything except real property as herein defined which may be the subject of ownership. See New Jersey Statutes 1:1-2
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • 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.