N.J. Stat. § 42:2C-4: Nature, purposes and duration of limited liability company.
Where this section sits in the code
- TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
4. Nature, Purpose and Duration of Limited Liability Company.
a. A limited liability company is an entity distinct from its members.
b. A limited liability company may have any lawful purpose, regardless of whether for profit.
c. A limited liability company has perpetual duration.
L.2012, c.50, s.4.
Collected 2026-08-27T17:54:13Z. Source file · JSON