7 chapters · 37 sections in this title.
N.J.S.A. 15:19-1 Definitions
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15:19-1. Definitions As used in this act: (a) "code" means the Internal Revenue Code of 1954 as amended; (b) "private foundation trust" means a charitable trust administered by a corporation as herein defined, and which is a private foundation described in section 509(a) of the c…
N.J.S.A. 15:19-2 Certificates of incorporation; contents
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15:19-2. Certificates of incorporation; contents Notwithstanding any provision to the contrary contained in any law of this State and except as otherwise provided in section 3 of this act, the certificate of incorporation of every corporation as herein defined, shall be deemed to…
N.J.S.A. 15:19-3 Certificate of incorporation; exclusion of provision by amendment
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15:19-3. Certificate of incorporation; exclusion of provision by amendment The governing body of any corporation as herein defined may, without judicial proceedings, amend its certificate of incorporation to expressly exclude the provisions of section 2 of this act, by executing …
N.J.S.A. 15:19-4 Construction of act to qualify for maximum tax exemptions
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15:19-4. Construction of act to qualify for maximum tax exemptions This act shall be so construed as to enable split-interest trusts and private foundation trusts to qualify for the maximum tax exemptions available to such trusts under the provisions of the Internal Revenue Code …