New Jersey § 42:2c-24
Full text of New Jersey New Jersey Statutes § 42:2c-24, with citation guidance and answers to common questions.
§ 42:2c-24.
Liability for Inaccurate Information in Filed Record. a. If a record delivered to the filing office for filing under this act and filed
by the filing office contains inaccurate information, a person that suffers a loss
by reliance on the information may recover damages for the loss from: (1) a person that signed the record, or caused another to sign it on the person's
behalf, and knew the information to be inaccurate at the time the record was signed;
and (2) subject to subsection b. of this section, a member of a member-managed limited
liability company or the manager of a manager-managed limited liability company, if: (a) the record was delivered for filing on behalf of the company; and (b) the member or manager had notice of the inaccuracy for a reasonably sufficient
time before the information was relied upon so that, before the reliance, the member
or manager reasonably could have: (i) effected an amendment under section 19 of this act; 1 (ii) filed a petition under section 21 of this act; 2 or (iii) delivered to the filing office for filing a certificate of change under section
15 or a certificate of correction under section 23 of this act. 3 b. To the extent that the operating agreement of a member-managed limited liability
company expressly relieves a member of responsibility for maintaining the accuracy
of information contained in records delivered on behalf of the company to the filing
office for filing under this act and imposes that responsibility on one or more other
members, the liability stated in paragraph (2) of subsection a. of this section applies
to those other members and not to the member that the operating agreement relieves
of the responsibility. c. An individual who signs a record authorized or required to be filed under this
act affirms under penalty of perjury that the information stated in the record is
accurate. 1
L.2012, c. 50 (N.J.S.A. § 42:2C-19). 2
L.2012, c. 50 (N.J.S.A. § 42:2C-21). 3
L.2012, c. 50 (N.J.S.A. § 42:2C-15 or § 42:2C-23).
Frequently Asked Questions About New Jersey § 42:2c-24
What does New Jersey Statutes § 42:2c-24 cover?
Section 42:2c-24 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 § 42:2c-24?
A common citation format is "New Jersey Statutes § 42:2c-24" (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 § 42:2c-24 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.