15A:1-2. Definitions
323 words·~1 min read·
/nj/title-15a/chapter-1/15a-1-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this title:
a. "Act" means the "New Jersey Nonprofit Corporation Act" ;
b. "Board" means the board of trustees or the group of persons vested with management of the business and affairs of the corporation irrespective of the name by which the group is designated; "entire board" means all the trustees then in office;
c. "Bylaws" means the code of rules adopted for the regulation or management of the affairs of the corporation irrespective of the name by which these rules are designated;
d. "Certificate of incorporation" includes:
(1)the original certificate of incorporation or any other instrument filed or issued under any statute to form a domestic or foreign corporation, as amended, supplemented or restated by certificates of amendment, merger or consolidation or by other certificates or instruments filed or issued under any statute, and
(2)a special act or charter creating a domestic or foreign corporation, as amended, supplemented or restated;
e. "Corporation" or "domestic corporation" means a nonprofit corporation incorporated under this act, or existing on its effective date and organized under any law of this State (other than laws contained in Title 16 of the Revised Statutes) for purposes for which a corporation may be organized under this act;
f. "Corporate business entity" means an organization organized under any other statute of this State or any statute of any jurisdiction other than this State pursuant to which business corporate entities may be organized;
g. "Foreign corporation" means a nonprofit corporation organized under the laws of a jurisdiction other than this State for the purposes for which a corporation may be organized under this act;
h. "Member" means a participant in a corporation having such rights or obligations therein as provided in this act;
i. "Trustee" means any member of the board of a corporation, whether designated as a trustee, director, manager, governor, or by any other title.
L.1983, c. 127, s. 15A:1-2, eff. Oct. 1, 1983.