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New York was the first state to enact a corporate statute in 1811. [3] The Act Relative to Incorporations for Manufacturing Purposes of 1811, allowed for free incorporation with limited liability, but only for manufacturing businesses. [4] New Jersey followed New York's lead in 1816, when it enacted its first corporate law. [3]
The secretary of state of New Jersey oversees the Department of State, which is one of the original state offices. The Secretary is responsible for overseeing artistic, cultural, and historical programs within the U.S. state of New Jersey, as well as volunteerism and community service projects within the state and is also the keeper of the Great Seal of the State.
A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by the state government or, in some jurisdictions, by a non-governmental entity/corporation. [1] Its precise meaning depends upon the legal system in which it is used.
The county colleges of New Jersey represent 56% of all undergraduate students in the state and offer studies in associate degree and certificate programs. Reflecting long-term trends nationwide, the male-to-female ratio of students in the system is 41% male to 59% female, and 48% of students are over the age of 24.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
Looking to expand their efforts worldwide, a roster of subsidiary companies was established, holding regional rights to the Marconi patents. The Marconi Wireless Telegraph Company of America was incorporated in New Jersey [2] on November 8, 1899 as the first subsidiary company. It was granted the "sole right to use and exploit the Marconi ...
The department of transportation formed a new company, New Jersey Transit, in 1979. It began to buy up bus companies, and purchased Transport of New Jersey in 1980. This ended PSE&G's role as a transportation provider, and it became exclusively an energy utility. In 1985, a new holding company, Public Service Enterprise Group, Inc. formed
New Jersey was governed by two groups of proprietors as two distinct provinces, East Jersey and West Jersey, between 1674 and 1702.New Jersey's first counties were created as administrative districts within each province, with East Jersey split in 1675 into Bergen, Essex, Middlesex and Monmouth counties, while West Jersey's initial counties of Burlington and Salem date to 1681.