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Terms Used In New Jersey Statutes 52:27H-21.22

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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.
  • 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
6. The director may require of a first-time applicant for certification as a minority business or women’s business the documentation that is necessary to determine the applicant’s eligibility for certification. Such documentation may include, but not be limited to:

a. Names and addresses of the owner, partners or shareholders, as applicable, and their representative shares of ownership;

b. Names and addresses of members of the board of directors, in the case of corporations;

c. Names and addresses of the officers of the business;

d. Number of shares of stock issued and outstanding, in the case of a corporation;

e. Articles of incorporation, bylaws, partnership agreements, or joint venture agreements, as applicable;

f. Organizational charts;

g. An applicant’s certificate of birth and motor vehicle driver’s license; and

h. An affidavit certifying that the applicant is a minority business or women’s business, as defined pursuant to section 2 of P.L.1986, c.195 (C. 52:27H-21.18).

The director shall not require an applicant to provide any personal federal or personal State income tax returns.

L.1986,c.195,s.6; amended 2003, c.189, s.3.