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NEW JERSEY STATUTES AND CODES

17:12B-230 - Continuation of corporate existence

17:12B-230.  Continuation of corporate existence
    After dissolution, an association shall continue to be a body corporate and  retain title to all its real and personal property for the purpose of liquidation but not for the transaction of further business as a going concern.

     L.1963, c. 144, s. 230.
 

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