New Jersey § 42:2c-57
Full text of New Jersey New Jersey Statutes § 42:2c-57, with citation guidance and answers to common questions.
§ 42:2c-57.
Governing Law. a. The law of the state or other jurisdiction under which a foreign limited liability
company is formed governs: (1) the internal affairs of the company; and (2) the liability of a member as member and a manager as manager for the debts, obligations,
or other liabilities of the company. b. A foreign limited liability company may not be denied a certificate of authority
by reason of any difference between the laws of the jurisdiction under which the company
is formed and the law of this State. c. A certificate of authority does not authorize a foreign limited liability company
to engage in any business or exercise any power that a limited liability company may
not engage in or exercise in this State.
Frequently Asked Questions About New Jersey § 42:2c-57
What does New Jersey Statutes § 42:2c-57 cover?
Section 42:2c-57 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-57?
A common citation format is "New Jersey Statutes § 42:2c-57" (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-57 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.