New Jersey Statutes 54:8A-30. “Partnership” defined
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Terms Used In New Jersey Statutes 54:8A-30
- 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.
“Partnership” includes all forms of unincorporated organization other than an estate or trust or a corporation, through or by means of which any business, financial operation or venture is carried on or liquidated.
L.1961, c. 32, p. 140, s. 30, eff. May 29, 1961.