Asset Protection Society

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New Jersey Charging Order

The Charging Order is the exclusive remedy by which a judgment creditor of a partner or partner’s transferee may satisfy a judgment out of the judgment debtor’s transferable interest in the partnership.  The judgment creditor will simply receive the right to receive distributions; the judgment creditor has no rights to interfere with management, force dissolution, or seek a foreclosure sale on the transferable interest.  (Partnership and Partnership Associations, Title 42, 42:1A-30)  To see this statute, please click here.

New Jersey Business Acts

 

  1. New Jersey Business Corporations Act (14A:1-1)
    1. To view this Act, click here.
  2. New Jersey Limited Liability Company Act (42:2B-1)
    1. To view this Act, click here.
  3. Uniform Partnership Act (1996) (42:1A-1)
    1. To view this Act, click here.
  4. Uniform Limited Partnership Law (1976) (42:2A-1)
    1. To view this Act, click here.