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Terms Used In New Jersey Statutes 55:19-1

  • 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.
This act shall be known and may be cited as the “New Jersey Urban Development Corporation Act.”

L. 1985, c. 227, s. 1, eff. July 8, 1985.