New Jersey § 15a:2-8
Full text of New Jersey New Jersey Statutes § 15a:2-8, with citation guidance and answers to common questions.
§ 15a:2-8.
a. The certificate of incorporation shall set forth: (1) The name of the corporation; (2) The purpose or purposes for which the corporation is organized; (3) If the corporation is to have members, the qualifications for members or that
the qualifications shall be as set forth in the bylaws of the corporation; (4) If the members are to be divided into classes, the relative right and limitations
of the different classes of members to the extent those rights and limitations have
been determined or that the rights and limitations shall be as set forth in the bylaws
of the corporation; (5) If the corporation is to have no members, that there shall be no members; (6) The method of electing trustees or that the method shall be as set forth in the
bylaws of the corporation; (7) Any provision not inconsistent with this act or any other statute of this State,
which the incorporators elect to set forth for the management and conduct of the affairs
of the corporation, or creating, defining, limiting or regulating the powers of the
corporation, its trustees and members or any class of members, including any provision
which under this act is required or permitted to be set forth in the bylaws; (8) The address, including actual location as well as postal designation, if different,
of the corporation's initial registered office, and the name of the corporation's
initial registered agent at that address; (9) The number of trustees, not less than three, constituting the first board and
the names and addresses of the persons who aim to serve as trustees, which addresses
shall be either the residence address of the person or other address where the person
regularly receives mail and which is not the address of the corporation; (10) The names and addresses of the incorporators, which addresses shall be either
the residence address of the person or other address where the person regularly receives
mail and which is not the address of the corporation; (11) The duration of the corporation if other than perpetual; (12) The method of distribution of assets of the corporation upon dissolution, or
that the distribution shall be as set forth in the bylaws of the corporation; (13) If, pursuant to subsection b. of this section, the certificate of incorporation
is to be effective on a date subsequent to the date of filing, the effective date
of the certificate; (14) If, pursuant to the exception in paragraph (4) of subsection a. of section 15A:2-2 , the name of the corporation does not include a term required thereby, a statement
that the corporation could be organized pursuant to the provisions of Title 16 of
the Revised Statutes, the applicable section of Title 16 of the Revised Statutes permitting
that organization, and an undertaking to add the required term if the corporation
ceases to be so organized. b. An original and one copy of the certificate of incorporation shall be filed in
the office of the Secretary of State. The corporate existence shall begin upon the effective date of the certificate,
which shall be the date of the filing, or such later time, not to exceed 30 days from
the date of filing, as may be set forth in the certificate. The filing shall be conclusive evidence that all conditions precedent required to
be performed by the incorporators have been complied with and, after the corporate
existence has begun, that the corporation has been incorporated under this act, except
as against this State in a proceeding to cancel or revoke the certificate of incorporation
or for voluntary dissolution of the corporation. The Secretary of State shall forward the copy of the certificate of incorporation
to the Attorney General. c. The certificate of incorporation may provide that a trustee or officer shall not
be personally liable, or shall be liable only to the extent therein provided, to the
corporation or its members for damages for breach of any duty owed to the corporation
or its members, except that such provision shall not relieve a trustee or officer
from liability for any breach of duty based upon an act or omission (1) in breach
of such person's duty of loyalty to the corporation or its members, (2) not in good
faith or involving a knowing violation of law or (3) resulting in receipt by such
person of an improper personal benefit. d. Notwithstanding the provisions of subsection c. of this section, the immunities
provided for in this 1989 amendatory act shall apply to any corporation organized
under Title 15A of the New Jersey Statutes which is established for the purposes provided
for in P.L.1959, c. 90 ( C.2A:53A-7 et seq. ), whether or not the certificate of incorporation has been amended, and nothing in
this section shall operate to diminish or affect any limitation of liability or limitation
on liability which is conferred upon nonprofit corporations, societies or associations
by the provisions of section 1 of P.L.1987, c. 87 ( C.2A:53A-7.1 ).
Frequently Asked Questions About New Jersey § 15a:2-8
What does New Jersey Statutes § 15a:2-8 cover?
Section 15a:2-8 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:2-8?
A common citation format is "New Jersey Statutes § 15a:2-8" (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:2-8 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.