New Jersey § 42:2c-3
Full text of New Jersey New Jersey Statutes § 42:2c-3, with citation guidance and answers to common questions.
§ 42:2c-3.
Knowledge; Notice. a. A person knows a fact when the person: (1) has actual knowledge of it; or (2) is deemed to know it under paragraph (1) of subsection d. of this section or law
other than this act. b. A person has notice of a fact when the person: (1) has reason to know the fact from all of the facts known to the person at the time
in question; or (2) is deemed to have notice of the fact under paragraph (2) of subsection d. of this
section. c. A person notifies another of a fact by taking steps reasonably required to inform
the other person in ordinary course, whether or not the other person knows the fact. d. A person that is not a member is deemed: (1) to know of a limitation on authority to transfer real property as provided in
subsection g. of section 28 of this act; 1 and (2) to have notice of a limited liability company's: (a) dissolution, 90 days after a certificate of dissolution, pursuant to subparagraph
(a) of paragraph (2) of subsection b. of section 49 of this act becomes effective; (b) termination, 90 days after a statement of termination, pursuant to subparagraph
(f) of paragraph (2) of subsection b. of section 49 of this act becomes effective; 2 and (c) merger, conversion, or domestication, 90 days after articles of merger, conversion,
or domestication under Article 10 (sections 73 through 87 of this act 3 ) become effective. 1
L.2012, c. 50 (N.J.S.A. § 42:2C-28). 2
L.2012, c. 50 (N.J.S.A. § 42:2C-49). 3
L.2012, c. 50 (N.J.S.A. § 42:2C-73 through § 42:2C-87).
Frequently Asked Questions About New Jersey § 42:2c-3
What does New Jersey Statutes § 42:2c-3 cover?
Section 42:2c-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 § 42:2c-3?
A common citation format is "New Jersey Statutes § 42:2c-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 § 42:2c-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.