New Jersey Statutes
§ 42:3-12 — Loan of association's credit, name or capital
New Jersey § 42:3-12
JurisdictionNew Jersey
Title 42PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
This text of New Jersey § 42:3-12 (Loan of association's credit, name or capital) 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. § 42:3-12 (2026).
Text
No limited partnership association shall loan its credit, its name or its capital to any of its members; but such loan may be made to any other person or association, with the consent in writing of a majority of the members in number and value of interest.
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Time of renewal§ 42:3-17
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Bluebook (online)
New Jersey § 42:3-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/42/42%3A3-12.