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20 chapters · 258 sections in this title.
N.J.S.A. 14A:18-1 Definitions relative to benefit corporations.
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14A:18-1 Definitions relative to benefit corporations. 1. For purposes of this act: "Benefit corporation" means a corporation organized under provisions of the "New Jersey Business Corporation Act," N.J.S.14A:1-1 et seq., that has elected to become subject to this act and whose s…
N.J.S.A. 14A:18-10 Enforcement of duties of directors and officers.
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14A:18-10 Enforcement of duties of directors and officers. 10. a. The duties of directors and officers under this act, and the general and any specific public benefit purpose of a benefit corporation, may be enforced only in a benefit enforcement proceeding. No person may bring a…
N.J.S.A. 14A:18-11 Annual benefit report.
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14A:18-11 Annual benefit report. 11. a. A benefit corporation shall deliver to each shareholder an annual benefit report including: (1) A narrative description of: (a) The ways in which the benefit corporation pursued a general public benefit during the year and the extent to whi…
N.J.S.A. 14A:18-2 Formation of benefit corporation.
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14A:18-2 Formation of benefit corporation. 2. A benefit corporation shall be formed in accordance with chapter 2 of Title 14A of the New Jersey Statutes, except that its certificate of incorporation shall also state that it is a benefit corporation. L.2011, c.30, s.2.
