{"data":{"id":"us-nj/n.j.-stat.-14a-18-4","jurisdiction":"us-nj","citation":"N.J. Stat. § 14A:18-4","heading":"Termination of status as benefit corporation.","body":"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 section 3 of this act. The amendment shall not be effective unless it is adopted by at least the minimum status vote.\nb.\tIf a plan of merger, consolidation or exchange would have the effect of terminating the status of a corporation as a benefit corporation, the plan shall not be effective unless it is adopted by at least the minimum status vote.\nL.2011, c.30, s.4.","path":["TITLE 14A CORPORATIONS, GENERAL"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"cae9084aaba356c7c72a4059e6397c09c50522089ea599a0ad5e5789ccadc4ab","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-14a-18-3","next":"us-nj/n.j.-stat.-14a-18-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
