New Jersey Statutes 10:1-12. “Employer” and “industry” defined
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Terms Used In New Jersey Statutes 10:1-12
- 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: 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.
(a) “Employer” includes any individual, partnership, association, corporation, business trust, legal representative or any organized group of persons acting directly or indirectly in the interest of an employer in its relations to employees.
(b) “Industry” refers to any trade, business, industry or branch thereof, or group of industries, in which individuals are employed.
L.1942, c. 114, p. 387, s. 3.