State Codes and Statutes
Statutes > New-jersey > Title-17 > Section-17-12b > 17-12b-23017:12B-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.
