reglab/housing_qa huggingface dataset:
NJ Rev Stat § 15A:14-9 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-9 - Payment or delivery to corporation

15A:14-9. Payment or delivery to corporation  a. After the commencement of a receivership action, but before the appointment of a receiver, a debtor of the corporation may make payment to the corporation of the debt, and a person holding property of the corporation may deliver it to the corporation, and the payment and the delivery shall have the same effect as if the receivership action were not pending. b. If the payment or the delivery is made after the appointment of a receiver by a person acting in good faith the payment and the delivery shall have the same effect as if a receiver had not been appointed. L.1983, c. 127, s. 15A:14-9, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-10 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-10 - Fraudulent transfers

15A:14-10. Fraudulent transfers  a. Every transfer made and every obligation incurred by a corporation which is or will be thereby rendered insolvent, is fraudulent as to creditors without regard to its actual intent if the transfer is made or the obligation is incurred without a fair consideration. b. Every transfer made without fair consideration, when the corporation making it is engaged or is about to engage in an activity or transaction for which the assets remaining in its hands after the transfer are unreasonably small, is fraudulent as to creditors and as to other persons who become creditors during the continuance of the business or transaction without regard to its actual intent. c. Every transfer made and every obligation incurred without fair consideration when the corporation making the transfer or entering into the obligation intends to or believes that it will incur debts beyond its ability to pay as they mature, is fraudulent as to both present and future creditors. d. Every transfer made and every obligation incurred by a corporation with actual intent, as distinguished from intent presumed in law, to hinder, or defraud either present or future creditors of the corporation, is fraudulent as to both present and future creditors. e. Every transfer made and every obligation incurred by a corporation which is or will thereby be rendered insolvent, within 4 months prior to the commencement of a receivership action by or against the corporation, is fraudulent as to the then existing and future creditors: (1) if made or incurred in contemplation of the commencement of the action or in contemplation of liquidation of all or the greater portion of the corporation's property, with intent to use the consideration obtained for the transfer or obligation to enable any creditor of the corporation to obtain a greater percentage of a debt than some other creditor of the same class; and (2) if the transferee or obligee of the transfer or obligation, at the time of the transfer or obligation, knew or believed that the corporation intended to make that use of the consideration. f. For the purposes of this section, a transfer shall be deemed to have been made at the time when it became so far perfected that no purchaser from the corporation could thereafter have acquired any rights in the property so transferred superior to the rights of the transferee therein, but, if the transfer is not so perfected prior to the commencement of the receivership action by or against the corporation, it shall be deemed to have been made immediately before the filing of the action. L.1983, c. 127, s. 15A:14-10, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-11 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-11 - Fraudulent transfers; continued

15A:14-11. Fraudulent transfers; continued  a. A transfer or an obligation incurred which is fraudulent under section 15A:14-10 against a creditor, is fraudulent against the receiver, except as to a purchaser for a fair consideration, without knowledge of the fraud at the time of the purchase. b. When a transfer made or an obligation incurred is fraudulent as to a creditor whose claim has matured, the receiver may, as against any person except a purchaser for a fair consideration without knowledge of the fraud at the time of the purchase, or one who has derived title immediately, or immediately from the purchaser: (1) Disregard the transfer and attach or levy execution upon the property conveyed or the obligation; or (2) Have the transfer set aside or the obligation annulled to the extent necessary to satisfy the creditor's claim. c. A purchaser who, without actual fraudulent intent, has given less than a fair consideration for the transfer or obligation, may retain the property or obligation as security for repayment. d. When a transfer made or an obligation incurred is fraudulent as to a creditor whose claim has not matured, the receiver may proceed in the Superior Court against any person against whom the receiver could have proceeded if the claim were matured, and the court may: (1) Restrain the defendant from disposing of the property covered or affected by the conveyance or of the obligation; (2) Direct that the property or obligation be delivered to the custody of the receiver; (3) If equitable, set aside the conveyance or annul the obligation to the extent necessary to satisfy the claim. L.1983, c. 127, s. 15A:14-11, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-12 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-12 - Fraudulent transfers; continued

15A:14-12. Fraudulent transfers; continued  Nothing contained in section 15A:14-10 or 15A:14-11 shall be construed to validate a transfer which is voidable under section 15A:14-13. L.1983, c. 127, s. 15A:14-12, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-13 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-13 - Liens by legal process

15A:14-13. Liens by legal process  a. Every lien against the property of a corporation shall be void if: (1) The lien is obtained by attachment, judgment, levy or other legal process; and (2) A receivership action against the corporation is commenced within 4 months after the date on which the lien was obtained, or if the lien is obtained after the commencement of the receivership action; and (3) The assets of the corporation are distributed in the receivership action. b. The property affected by any lien shall be discharged from the lien and shall pass to the receiver, but the court may order that lien to be preserved for the benefit of the corporation's creditors. The Superior Court may direct the conveyance of the property affected as may be proper or adequate to evidence title thereto of the receiver. The title of a bona fide purchaser of the property shall be valid, but, if the title is acquired otherwise than by a judicial sale held to enforce the lien, it shall be valid only to the extent of the present consideration paid for the property. L.1983, c. 127, s. 15A:14-13, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-14 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-14 - Preferences

15A:14-14. Preferences  a. For the purpose of this chapter, a preference arises when: (1) A corporation which, while insolvent, and within 4 months of the commencement of a receivership action by or against it, transfers any property to or for the benefit of a creditor for or on account of an antecedent debt; and (2) The effect of the transfer will be to enable the creditor to obtain a greater percentage of a debt than some other creditor of the same class; and (3) The creditor receiving or to be benefited by the transfer, or the creditor's agent acting with reference thereto, has, at the time when the transfer is made, reasonable cause to believe that the corporation is insolvent. b. For the purpose of determining whether a preference has arisen: (1) A transfer of property other than real property shall be deemed to have been made or suffered at a time when it became so far perfected that no subsequent lien obtainable by legal or equitable proceedings on a simple contract could become superior to the rights of the transferee; (2) A transfer of real property shall be deemed to have been made or suffered when it became so far perfected that no subsequent bona fide purchase from the corporation could create rights in the property superior to the rights of the transferee. c. If any transfer of real property is not so perfected against a bona fide purchase, or if any transfer of other property is not so perfected against liens by legal or equitable proceedings prior to the commencement of a receivership action it shall be deemed to have been made immediately before the commencement of the action. d. When a preference has arisen, the receiver may recover the property or, if it has been converted, its value, from any person who has received or converted the property, except a bona fide purchaser from or lienor of the corporation's transferee for a present fair consideration. Where the bona fide purchaser or lienor has given less than that value, the person shall nevertheless have a lien upon the property, but only to the extent of the consideration actually given by that person. When a preference is by way of lien or security title, the Superior Court may on due notice order the lien or title to be preserved for the benefit of the insolvent corporation's estate, in which event the lien or title shall pass to the receiver. e. If a creditor has been preferred and afterward in good faith gives the corporation further credit without security of any kind for property which becomes a part of the insolvent corporation's property, the amount of the new credit remaining unpaid at the time of the commencement of the receivership action may be set off against the amount which would otherwise be recoverable from the creditor. L.1983, c. 127, s. 15A:14-14, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-15 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-15 - Notice to creditors

15A:14-15. Notice to creditors  a. The receiver shall, within 30 days following the date of appointment, give notice requiring all creditors to present their claims in writing. The notice shall be published twice, once in each of 2 consecutive weeks, in a newspaper of general circulation in the county in which the registered office of the corporation is located and shall state that all persons who are creditors of the corporation shall present written proof of their claims, under oath, to the receiver at a place and on or before a date named in the notice, which date shall not be less than 6 months after the date of the first publication. By order of the Superior Court, the time for giving the notice to creditors and the time within which creditors shall be required to file proofs of claims may be extended or limited, or the giving of the notice to creditors may be entirely excused. b. Any creditor who does not file a claim as provided in the notice given pursuant to subsection a. of this section, and all those claiming through or under that creditor, shall be forever barred from suing on the claim or otherwise realizing upon or enforcing it except, in the case of a creditor who shows good cause for not having previously filed a claim, to the extent as the Superior Court may allow: (1) Against the corporation to the extent of any undistributed assets; or (2) If the undistributed assets are not sufficient to satisfy the claim, against a member to the extent of the ratable part of the claim, out of the assets of the corporation distributed to the member in liquidation or dissolution. c. On or before the date of the first publication of the notice as provided in subsection a. of this section, the receiver shall mail a copy of the notice to each known creditor of the corporation. The giving of the notice shall not constitute recognition that any person to whom the notice is directed is a creditor of the corporation other than for the purpose of receipt of notice hereunder. d. Proof of the publication and mailing required by this section shall be made by an affidavit filed in the office of the Clerk of the Superior Court. L.1983, c. 127, s. 15A:14-15, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-16 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-16 - Claims; presentation; approval or rejection

15A:14-16. Claims; presentation; approval or rejection  Creditors shall, if required by the receiver, submit themselves to examination by the receiver and produce before the receiver the records and proof relating to their claims as the receiver may direct. The receiver may also examine under oath all witnesses produced before the receiver relating to the claims, and the receiver shall pass upon, and allow or disallow, the claims, and shall notify the creditors of that determination. L.1983, c. 127, s. 15A:14-16, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-17 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-17 - Claims; jury trial

15A:14-17. Claims; jury trial  A creditor who presents a claim to a receiver pursuant to this chapter and whose claim is disallowed in whole or in part by the receiver shall, on demand in writing, be entitled to trial by jury on any issue triable of right by jury. L.1983, c. 127, s. 15A:14-17, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-18 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-18 - Review of receiver's actions

15A:14-18. Review of receiver's actions  Any person aggrieved by the proceedings or determination of the receiver in the discharge of his duties shall be entitled to a review of the receiver's action in a summary manner in the Superior Court. L.1983, c. 127, s. 15A:14-18, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-19 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-19 - Discontinuance of receivership action

15A:14-19. Discontinuance of receivership action  A receivership action against a corporation may be discontinued at any time when it is established that cause for the action no longer exists. In that event, the court shall dismiss the proceedings and direct the receiver to redeliver to the corporation all its property remaining in the receiver's hands. Upon the redelivery, the corporation shall be revested with full rights in the property and in its franchises as if the receiver had not been appointed. L.1983, c. 127, s. 15A:14-19, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-20 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-20 - Allowances to receiver and others; costs and expenses

15A:14-20. Allowances to receiver and others; costs and expenses  In any proceeding under this chapter, the court shall allow a reasonable compensation to the receiver for services, costs and expenses in the receivership action. It shall also allow reasonable compensation to the following for their services in the receivership action and their costs and expenses: the attorney for the receiver, the appraiser, the auctioneer, the accountant and other persons appointed by the court in connection with the receivership action. L.1983, c. 127, s. 15A:14-20, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-21 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-21 - Distribution of assets; priorities

15A:14-21. Distribution of assets; priorities  a. After payment of all allowances, expenses and costs, and, subject to the laws of the United States and to subsection c. of this section, the satisfaction of all liens upon the funds of the corporation to the extent of their lawful priority, the creditors shall be paid proportionately to the amount of their respective debts, excepting mortgage and judgment creditors when the judgment has not been by confession for the purpose of preferring creditors. The creditors shall be entitled to distribution on debts not due, making in that case a rebate of interest, when interest is not accruing on those debts. b. The surplus funds, if any, after payment to the creditors and the costs, expenses and allowances, as aforesaid, shall be divided and distributed as in the case of a voluntary dissolution of the corporation. c. In any distribution to creditors all persons doing labor or service of any character, in the regular employment of the corporation, shall be entitled to priority of payment for the wages, not to exceed $600.00 for each claimant, due them respectively for all labor, work and services performed within 3 months before the institution of a receivership action under this chapter. A claim under this subsection shall have priority over all other claims against the corporation, but shall be subordinate to (1) a security interest in personal property perfected prior to the date when the receivership action was instituted, which perfected security interest cannot be set aside by the receiver under the provisions of this chapter; (2) mortgages upon the real property of the corporation; and (3) all claims entitled to higher priority by law. L.1983, c. 127, s. 15A:14-21, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-22 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-22 - Judgment of dissolution

15A:14-22. Judgment of dissolution  After distribution of the corporation's assets as provided in section 15A:14-21, the Superior Court may make a judgment dissolving the corporation and declaring its certificate of incorporation forfeited and void. The judgment shall be forthwith filed by the clerk of the court in the office of the Secretary of State, and a notation thereof shall be made by the Secretary of State on the certificate of incorporation of the corporation affected. The Secretary of State shall notify the Attorney General of the action. L.1983, c. 127, s. 15A:14-22, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-23 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-23 - Reorganization under act of congress; "plan of reorganization" defined

15A:14-23. Reorganization under act of congress; "plan of reorganization" defined  As used in sections 15A:14-24 and 15A:14-25, "plan of reorganization" means a plan of corporate reorganization which has been ordered or confirmed by a court or by a commission or other agency of the United States, in a proceeding brought under any act of Congress providing for the reorganization of corporations. L.1983, c. 127, s. 15A:14-23, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-24 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-24 - Reorganization under act of congress; implementation of plan of reorganization

15A:14-24. Reorganization under act of congress; implementation of plan of reorganization  a. A corporation shall have the power to do any act required or permitted by a plan of reorganization in order to put the plan in effect according to its terms. b. The power conferred by subsection a. of this section shall be exercised by the trustee or trustees, or other person or persons acting in similar capacities, appointed in the reorganization proceeding resulting in the plan of reorganization, or, if none be then acting, by any other person or persons designated or appointed for that purpose in the organization proceeding, or, if no other person or persons be then acting, by an officer or officers of the corporation. c. The exercise of the power to put in effect a plan of reorganization by those designated in subsection b. of this section shall have the same effect as if done with the unanimous consent of the trustees and the members. L.1983, c. 127, s. 15A:14-24, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-25 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-25 - Reorganization under act of congress; certificates

15A:14-25. Reorganization under act of congress; certificates  When any plan of reorganization provides for any action to be taken, which, if taken pursuant to any provisions of this act, would require the filing of a certificate or other document in the office of the Secretary of State, the certificate or other document shall be executed on behalf of the corporation by the persons specified in subsection b. of section 15A:14-24 and shall be filed in the office of the Secretary of State. The certificate or other document shall recite that its making and filing are authorized pursuant to a plan of reorganization, and shall make reference to the proceeding in which the plan of reorganization was ordered or confirmed. L.1983, c. 127, s. 15A:14-25, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:14-26 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:14-26 - Reorganization under act of congress; powers and duties of state instrumentalities

15A:14-26. Reorganization under act of congress; powers and duties of state instrumentalities  Nothing contained in sections 15A:14-24 and 15A:14-25 shall be construed to abrogate, limit or restrict the powers and duties over any corporation imposed or conferred by law on any State officer, board, commission or other agency. L.1983, c. 127, s. 15A:14-26, eff. Oct. 1, 1983.
NJ Rev Stat § 15A:15-1 (2021)
2021 New Jersey Revised Statutes|Title 15A - Corporations, Nonprofit|Section 15A:15-1 - Filing fees of the State Treasurer.

15A:15-1 Filing fees of the State Treasurer.  15A:15-1. Filing Fees of the State Treasurer. On filing any certificate or other papers relative to corporations in the Department of the Treasury, there shall be paid to the State Treasurer filing fees as follows: a. Certificate of incorporation and amendments thereto: (1) for filing the original certificate of incorporation...... $75.00 (2) for filing a certificate of amendment of the certificate of incorporation including any number of amendments...... $75.00 (3) for filing a certificate of abandonment of one or more amendments of the certificate of incorporation...... $75.00 (4) for filing a certificate of merger or a certificate of consolidation...... $75.00 (5) for filing a certificate of abandonment of a merger or consolidation...... $75.00 b. Restated certificate of incorporation:  for filing a restated certificate of incorporation including any amendments of the certificate of incorporation concurrently adopted...... $75.00 c. Dissolution of corporation: (1) for filing a certificate of dissolution...... $75.00 (2) for filing a certificate of revocation of dissolution proceedings...... $75.00 d. Admission and withdrawal of foreign corporation: (1) for filing an application for a certificate of authority to conduct activities in this State and issuing a certificate of authority...... $125.00 (2) for filing an application for an amended certificate of authority to conduct activities in this State and issuing an amended certificate of authority...... $75.00 (3) for filing an application for withdrawal from this State and issuing a certificate of withdrawal...... $75.00 (4) for filing a certificate of change of post office address to which process may be mailed by the State Treasurer...... $25.00 (5) for filing a certificate, order or decree with respect to the dissolution of a foreign corporation, the termination of its existence, or the cancellation of its authority, and issuing a certificate of withdrawal...... $75.00 e. Registered office and registered agent: (1) for filing a certificate of change of address of registered office, or change of registered agent or both...... $25.00 (2) for filing a certificate of change of address of registered agent where such certificate effects a change in the address of the registered office of one or more corporations, for each corporation named in the certificate...... $25.00 (3) for filing an affidavit of resignation of a registered agent...... $25.00 f. Annual report: for each such report required to be filed ...... $30.00 g. Reinstatement filing assessment: payment of a reinstatement filing assessment...... $75.00. amended 1987, c.435, s.12; 1997, c.138, s.3; 2002, c.34, s.23; 2019, c.149, s.5.