Legal Question in Business Law in New Jersey

Can a professional corporation incorporated in New Jersey issue shares non-licensed individuals?


Asked on 11/13/09, 12:20 pm

1 Answer from Attorneys

Robert Davies The Davies Law Firm, P.A.

No, not if it is in fact a professional corporation organized under NJSA 14A:17. see 14A:17-10.

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Answered on 11/18/09, 12:32 pm


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