New Jersey Statutes > Title 54 > Chapter 11 – Voiding Charter of Delinquent Corporations; Extension of Time for Payment
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Terms Used In New Jersey Statutes > Title 54 > Chapter 11 - Voiding Charter of Delinquent Corporations; Extension of Time for Payment
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.