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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 55d:
Section: 40:55d-48.4: Concealing ownership interest; fine
Any corporation or partnership which conceals the names of the stockholders owning 10\% or more of its stock, or of the individual partners owning a 10\% or greater interest in the partnership, as the case may be, shall be subject to a fine of $1,000.00 to $10,000.00 which shall be recovered in the name of the municipality in any court of record in the State in a summary manner pursuant to "The Penalty Enforcement Law" (N.J.S. 2A:58-1 et seq.).
L.1977, c. 336, s. 4, eff. Jan. 24, 1978.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:55d-48.4 (if available):
Court decisions that cite this statute:
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