New Jersey § 15a:3-3
Full text of New Jersey New Jersey Statutes § 15a:3-3, with citation guidance and answers to common questions.
§ 15a:3-3.
a. Any corporation, unless otherwise provided in its certificate of incorporation
or bylaws, and subject to the purposes specified in its certificate of incorporation,
may, irrespective of corporate benefit, aid, singly or in cooperation with other corporate
entities and with natural persons, in the creation or maintenance of institutions
or organizations engaged in activities for the purpose of which a corporation may
be organized under this act; including institutions or organizations engaged in community
fund, hospital, charitable, philanthropic, educational, scientific or benevolent activities
or patriotic or civic activities conducive to the betterment of social and economic
conditions. The trustees may appropriate, spend or contribute for the purposes reasonable sums
as they may determine. b. The provisions of this section shall not be construed as directly or indirectly
minimizing or interpreting the rights and powers of corporations, provided for prior
to the effective date of this act, with reference to appropriations, expenditures
or contributions of the nature set forth in subsection a. of this section.
Frequently Asked Questions About New Jersey § 15a:3-3
What does New Jersey Statutes § 15a:3-3 cover?
Section 15a:3-3 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:3-3?
A common citation format is "New Jersey Statutes § 15a:3-3" (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:3-3 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.