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Terms Used In New Jersey Statutes 52:27H-103

  • 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.
16. Following the effective date of P.L.2021, c.197, no new applications for the enterprise zone employee tax credit, pursuant to section 19 of P.L.1983, c.303 (C. 52:27H-78), or for the corporation business tax exemption, pursuant to section 17 of P.L.1983, c.303 (C. 52:27H-76), shall be accepted.

L.2021, c.197, s.16.