New Jersey § 15a:13-11
Full text of New Jersey New Jersey Statutes § 15a:13-11, with citation guidance and answers to common questions.
§ 15a:13-11.
a. A foreign corporation conducting activities in this State without a certificate
of authority shall not maintain any action or proceeding in any court of this State,
until the corporation obtains a certificate of authority. This prohibition shall apply to: (1) Any successor in interest of the foreign corporation, except any receiver, trustee
in bankruptcy or other representative of creditors of the corporation; and (2) Any assignee of the foreign corporation, except an assignee for value who accepts
an assignment without knowledge that the foreign corporation should have but has not
obtained a certificate of authority in this State. b. The failure of a foreign corporation to obtain a certificate of authority to conduct
activities in this State shall not impair the validity of any contract or act of the
corporation, and shall not prevent the corporation from defending any action or proceeding
in any court of this State. c. In addition to any other liabilities imposed by law, a foreign corporation which
conducts activities in this State without a certificate of authority shall forfeit
to the State a penalty of not less than $200.00, nor more than $1,000.00 for each
calendar year from and after the effective date of this act in which it shall have
conducted activities in this State without a certificate of authority, provided that
the number of years for which a penalty may be forfeited shall not exceed five. The penalty shall be recovered with costs in an action prosecuted by the Attorney
General. The court may proceed in the action in a summary manner or otherwise. d. The prohibitions of this section shall not be operative until 90 days after the
effective date of this act.
Frequently Asked Questions About New Jersey § 15a:13-11
What does New Jersey Statutes § 15a:13-11 cover?
Section 15a:13-11 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 15a:13-11?
A common citation format is "New Jersey Statutes § 15a:13-11" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 15a:13-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.