N.J.S.A. 18A:3-19.1 — Definitions

18A:3-19.1. Definitions As used in this act: "Foreign government" means any government other than the government of the United States or of its states, territories or possessions or any political subdivision thereof. "Foreign legal entity" means a. any legal entity created under the laws of a foreign government or b. any legal entity created under the laws of the United States or any of its political subdivisions if a majority of the ownership of that legal entity is directly or indirectly held legally or beneficially by one or more foreign governments or one or more foreign persons or one or more legal entities created under the laws of a foreign government and includes an agent acting for the legal entity. "Foreign person" means any individual who is not a citizen of or resident alien of the United States or of its territories or possessions and includes an agent acting for the foreign person. "Gift" means any endowment, gift, grant, contract, award, present or property of any kind. L. 1987, c. 53, s. 1.

This is the verbatim text of N.J.S.A. 18A:3-19.1, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.