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New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 42:2C-4: Nature, purposes and duration of limited liability company.

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  1. 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

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