New Jersey Statutes > Title 48 > Chapter 1 – Application of Provisions of General Corporation Law
Current as of: 2024 | Check for updates
|
Other versions
| § 48:1-1 | Application of provisions of general corporation law |
Terms Used In New Jersey Statutes > Title 48 > Chapter 1 - Application of Provisions of General Corporation Law
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.