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The New Jersey Business & Industry Association (NJBIA) is an employer association that provides information, services, and advocacy for its member companies. [1] It is the nation's largest state employer association with 20,000 member companies, as of 2015.
New York was the first state to enact a corporate statute in 1811. [3] The Act Relative to Incorporations for Manufacturing Purposes of 1811, allowed for free incorporation with limited liability, but only for manufacturing businesses. [4] New Jersey followed New York's lead in 1816, when it enacted its first corporate law. [3]
If an LLC was formed less than 12 months ago, submit Form LLC-4/8—a short-form cancellation certificate. California charges no fee for the dissolution or cancellation of an LLC if the filing is ...
Delaware acquired its status as a corporate haven in the early 20th century. Following the example of New Jersey, which enacted corporate-friendly laws at the end of the 19th century to attract businesses [5] from New York, Delaware adopted on March 10, 1899, a general incorporation act aimed at attracting more businesses.
As a matter of law, in the 36 states that recognize this form of business, a benefit corporation is intended "to merge the traditional for-profit business corporation model with a non-profit model by allowing social entrepreneurs to consider interests beyond those of maximizing shareholder wealth."
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