New Jersey Statutes

§ 14A:14-1 — Definitions

New Jersey·Title 14A CORPORATIONS, GENERAL

As used in this chapter, and unless the context requires otherwise (a) "corporation" means a domestic corporation and a foreign corporation;

(b)"creditor" means the holder of any claim, of whatever character, against a corporation, whether secured or unsecured, matured or unmatured, liquidated or unliquidated, absolute or contingent;
(c)"debt" includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent;
(d)"encumbrance" means a mortgage, security interest, lien or charge of any nature in or upon property;
(e)"fair consideration" is given for property or an obligation when, in exchange for such property or obligation, as a fair equivalent therefor, and in good faith, property is transferred or an antecedent debt is satisfied; or

Free access — add to your briefcase to read the full text and ask questions with AI

New Jersey § 14A:14-1 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗