New Jersey § 52:25-24

Full text of New Jersey New Jersey Statutes § 52:25-24, with citation guidance and answers to common questions.

§ 52:25-24.

No corporation , partnership , or limited liability company shall be awarded any contract nor shall any agreement be entered into for the performance

of any work or the furnishing of any materials or supplies, the cost of which is to

be paid with or out of any public funds, by the State, or any county, municipality

or school district, or any subsidiary or agency of the State, or of any county, municipality

or school district, or by any authority, board, or commission which exercises governmental

functions, unless prior to the receipt of the bid or accompanying the bid, of said

corporation , said partnership, or said limited liability company there is submitted a statement setting forth the names and addresses of all stockholders

in the corporation who own 10 percent or more of its stock, of any class , or of all individual partners in the partnership who own a 10 percent or greater interest therein, or of all members in the limited liability company who own a 10 percent or greater

interest therein, as the case may be. If one or more such stockholder or partner or member is itself a corporation or partnership or limited liability company , the stockholders holding 10 percent or more of that corporation's stock, or the individual partners owning 10 percent or greater interest in that partnership, or the members owning 10 percent or greater interest in that limited liability company, as the case may be, shall also be listed. The disclosure shall be continued until names and addresses of every noncorporate

stockholder, and individual partner, and member, exceeding the 10 percent ownership criteria established in this act, has been listed. To comply with this section, a bidder with any direct or indirect parent entity which

is publicly traded may submit the name and address of each publicly traded entity

and the name and address of each person that holds a 10 percent or greater beneficial

interest in the publicly traded entity as of the last annual filing with the federal

Securities and Exchange Commission or the foreign equivalent, and, if there is any

person that holds a 10 percent or greater beneficial interest, also shall submit links

to the websites containing the last annual filings with the federal Securities and

Exchange Commission or the foreign equivalent and the relevant page numbers of the

filings that contain the information on each person that holds a 10 percent or greater

beneficial interest.

Frequently Asked Questions About New Jersey § 52:25-24

What does New Jersey Statutes § 52:25-24 cover?

Section 52:25-24 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 § 52:25-24?

A common citation format is "New Jersey Statutes § 52:25-24" (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 § 52:25-24 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.