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20 chapters · 258 sections in this title.
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.
N.J.S.A. 14A:18-3 Certain corporations may become benefit corporations.
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14A:18-3 Certain corporations may become benefit corporations. 3. a. A corporation organized under the provisions of the "New Jersey Business Corporation Act," N.J.S.14A:1-1 et seq., may become a benefit corporation under this act by amending its certificate of incorporation so t…
N.J.S.A. 14A:18-4 Termination of status as benefit corporation.
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14A:18-4 Termination of status as benefit corporation. 4. a. A benefit corporation may terminate its status as a benefit corporation and cease to be subject to this act by amending its certificate of incorporation to delete the provision required by section 2 or subsection a. of …
N.J.S.A. 14A:18-5 Purpose of benefit corporation.
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14A:18-5 Purpose of benefit corporation. 5. a. Every benefit corporation shall have the purpose of creating a general public benefit. This purpose is in addition to, and may be a limitation on, its purpose under its certificate of incorporation and any specific purpose set forth …
