New Jersey § 40:55D-48.4 Concealing ownership interest;  fine

New Jersey Statutes

§ 40:55D-48.4 — Concealing ownership interest; fine

New Jersey § 40:55D-48.4

Title 40MUNICIPALITIES AND COUNTIES

This text of New Jersey § 40:55D-48.4 (Concealing ownership interest; fine) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 40:55D-48.4 (2026).

Text

Any corporation or partnership which conceals the names of the stockholders owning 10% or more of its stock, or of the individual partners owning a 10% or greater interest in the partnership, as the case may be, shall be subject to a fine of $1,000.00 to $10,000.00 which shall be recovered in the name of the municipality in any court of record in the State in a summary manner pursuant to "The Penalty Enforcement Law" (N.J.S. 2A:58-1 et seq.). L.1977, c. 336, s. 4, eff. Jan. 24, 1978.

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Any corporation or partnership which conceals the names of the stockholders owning 10% or more of its stock, or of the individual partners owning a 10% or greater interest in the partnership, as the case may be, shall be subject to a fine of $1,000.00 to $10,000.00 which shall be recovered in the name of the municipality in any court of record in the State in a summary manner pursuant to "The Penalty Enforcement Law" (N.J.S. 2A:58-1 et seq.). L.1977, c. 336, s. 4, eff. Jan. 24, 1978.