The implementation of P.L.2023, c.266 makes New Jersey the thirteenth state to recognize and act upon the need for greater transparency and accountability with regard to the handling of personal information. The new data privacy law strengthens consumer rights by requiring businesses to adopt data protection measures and notice requirements to ensure the privacy of…
Tag Archives: NJBusinessLaw
-
Senate Bill No. 142: What You Need to Know About Corporate Conversion And New Jersey Business Entities
On May 8, 2023, Senate Bill No. 142 became law. The new law (P.L.2023, c.38) amends the “New Jersey Business Corporation Act” (N.J.S.14A:15-2) to allow for entity conversion and domestication. This amendment brings New Jersey in line with many other states that already allow for domestication and conversion. The goal of the new law is…