N.J. Stat. § 5:12-47.2

Current through L. 2024, c. 80.
Section 5:12-47.2 - "Transfer"

The sale and every other method, direct or indirect, of disposing of or parting with property or with an interest therein, or with the possession thereof, or of fixing a lien upon property or upon an interest therein, absolutely or conditionally, voluntarily or involuntarily, by or without judicial proceedings, as a conveyance, sale, payment, pledge, mortgage, lien, encumbrance, gift, security or otherwise; the retention of a security interest in property delivered to a corporation shall be deemed a transfer suffered by such corporation.

N.J.S. § 5:12-47.2

L.1978, c.7, s.12, eff. 3/17/1978.