New Jersey § 14a:17-15

§ 14a:17-15.

The Business Corporation Act of New Jersey 1 shall be applicable to a professional corporation and to a foreign professional legal corporation except to the extent that any of the provisions of this act are interpreted to be

in conflict with the provisions of the Business Corporation Act of New Jersey, and

in such event the provisions and sections of this act shall take precedence with respect

to a professional corporation and a foreign professional legal corporation . Except for a domestic professional legal corporation, a professional corporation organized under this act may consolidate or merge only with

another professional corporation organized under this act and empowered to render

the same professional service. A merger or consolidation with any foreign corporation is prohibited. A domestic professional legal corporation may consolidate or merge either with another

domestic professional legal corporation or with a foreign professional legal corporation

provided that the registration requirements of this act and the Rules of the Supreme

Court are complied with. A professional corporation shall annually furnish a report to the office of the

Secretary of State on a date designated by the Secretary of State showing the names

and post-office addresses of all its shareholders, directors and officers, which shall

certify that, with the exception permitted in section 6, 2 all such persons are duly licensed or otherwise legally authorized to render the

same professional service in this State. A foreign professional legal corporation shall annually furnish a report to the office

of the Secretary of State on a date designated by the Secretary of State showing the

names and post-office addresses of all its shareholders, directors and officers, and

shall certify that the foreign professional legal corporation is authorized to render

legal services of the type provided by attorneys-at-law in its state of incorporation

and further certify that the shareholders and employees providing such services in

this State are attorneys-at-law licensed and eligible to practice in this State. This report shall be made on forms prescribed and furnished by the Secretary of

State, but shall contain no information except that expressly called for by this section. It shall be signed by the president or vice-president and the secretary or an assistant

secretary of the corporation, and acknowledged by the persons signing the report before

a notary public or other officer duly authorized to administer oaths, shall be filed

in the office of the Secretary of State, and shall be in lieu of the regular annual

report of corporations otherwise required by the Business Corporation Act of New Jersey. 1

N.J.S.A. § 14A:1-1 et seq. 2

N.J.S.A. § 14A:17-6.