New Jersey § 42:2a-14

Full text of New Jersey New Jersey Statutes § 42:2a-14, with citation guidance and answers to common questions.

§ 42:2a-14.

a. Each limited partnership formed prior to the effective date of P.L.1983, c. 489

( C.42:2A-1 et seq. ) under any law of this State shall provide the Secretary of State with a copy of

its certificate of limited partnership, as amended, which, except as provided in subsection

b. of this section, shall be certified by the county clerk of the county in which

the certificate is on file. b. If a limited partnership is unable to comply with subsection a. of this section

because no copy of its certificate of limited partnership can be located in the office

of the county clerk of the county in which the certificate was filed, the limited

partnership may provide the Secretary of State with an uncertified copy of its certificate

of limited partnership in lieu thereof, providing the genuineness of the copy can

be established to the satisfaction of the Secretary of State based upon an affidavit

of a general partner, or if there is no existing general partner, a limited partner,

affirming the formation of the limited partnership and filing of the certificate of

limited partnership with the appropriate county clerk. If the Secretary of State rejects an uncertified certificate of limited partnership,

the limited partnership whose certificate has been rejected may proceed in a summary

manner requesting an order from the Superior Court declaring the certificate valid

and requiring the Secretary of State to accept it. c. Any limited partnership whose certificate of limited partnership was transmitted

to and accepted by the Secretary of State prior to the effective date of this act

shall be deemed to have complied with the requirements of subsection a. of this section. d. Any limited partnership which has not complied with the requirements of P.L.1984,

c. 245 shall be deemed to be in inactive status. A limited partnership in inactive status shall remain a limited partnership, but

no name reservations, transfers of reserved names or certificates of amendment may

be filed until the limited partnership is transferred to active status as provided

by subsection e. of this section. A limited partner of a limited partnership shall not be deemed liable as a general

partner of the limited partnership solely by reason that the limited partnership is

in inactive status. e. In order to be transferred to active status, a limited partnership which is in

inactive status shall provide to the Secretary of State the following: (1) the name of the limited partnership; its address, including the actual location

as well as the postal designation, if different, of its registered agent; and the

name of its registered agent, which may be provided by letter or other writing; and (2) a copy of its certificate of limited partnership, as amended, either certified

by the county clerk or the county in which the certificate is on file or which is

acceptable to the Secretary of State in accordance with subsection b. of this section. In addition, in order to be transferred to active status, a limited partnership shall

forfeit to the State for each year the limited partnership was in inactive status

a penalty of twice the amount of the then current fee for filing annual reports. No limited partnership shall be deemed to be in inactive status for purposes of

assessment of the penalty until the day after the 90th day following the effective

date of this act. The maximum penalty which may be imposed under this subsection is $1,000. The penalty may be recovered, with costs, in an action brought by the Attorney General.

Frequently Asked Questions About New Jersey § 42:2a-14

What does New Jersey Statutes § 42:2a-14 cover?

Section 42:2a-14 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 § 42:2a-14?

A common citation format is "New Jersey Statutes § 42:2a-14" (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 § 42:2a-14 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.