· The New Jersey Attorney General has the unique authority to issue statewide policy directives that apply to the New Jersey’s 38,000 state, county, and local police officers and 1,000 state, county, and municipal prosecutors. The Attorney General protects the rights of New Jersey’s residents by standing up to corporate polluters, financial ...
· Similarly, corporations that fail to file corporation business taxes may be voided or revoked. Should your business be revoked, voided or on the inactive list, you may reinstate it …
Every state and the District of Columbia have a procedure by which citizens, through their attorney general, can go to court to revoke the charter of a corporation that violates the law. Thus, …
· Amnesty Penalty of 5% for certain years. Interest is computed at 3% above prime rate compounded annually. Considering these significant penalties and the fact that the …
But in virtually every state, corporate charters are conditioned on good behavior. Some corporations abuse their privileges by repeated violations of the law. For this reason, state laws have long authorized state officials to revoke the charters of corporations that exceed or abuse their legal authority.
Judicial dissolution, sometimes called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. A "corporate death penalty” is the revocation of a corporation's charter for significant harm to society.
Which colony had its charter revoked because of mismanagement, according to King William? Maryland.
In 1684, the Massachusetts Bay Colony charter was revoked due to repeated violations of the charter's terms. These violations were: The colonists continued to trade with other countries despite the Navigation Acts prohibiting them from doing so.
During much of the 1980s, Exxon conducted cutting-edge research on climate change.
The New York State attorney general used the tool in 1998 in conjunction with other litigation to put two New York corporations, Council for Tobacco Research and Tobacco Institute Inc., out of business and order their assets donated to state education and health institutions.
The New Jersey Attorney General has the unique authority to issue statewide policy directives that apply to the New Jersey’s 38,000 state, county, and local police officers and 1,000 state, county, and municipal prosecutors.
The Attorney General protects the rights of New Jersey’s residents by standing up to corporate polluters, financial fraudsters, discriminatory employers—and when necessary, the federal government.
Should your business be revoked, voided or on the inactive list, you may reinstate it through the online reinstatement service which begins with the annual report filing. To enter the online system, you will need your corporation identification number and the month and year the business entity was originally formed or authorized to do business in New Jersey.
Businesses that fail to file annual reports for two consecutive years may have their charter voided or authority to do business in New Jersey revoked. Similarly, corporations that fail to file corporation business taxes may be voided or revoked.
Please note that if the corporation does not resolve prior tax liabilities due the Division of Taxation and a Tax Clearance Certificate is not issued the business tax eligibilities will be reversed as if there was no lapse in subjectivity.
Late Filing Penalty (5% per month up to 25%)
Responsible corporate officers will be held personally responsible for trust fund taxes. If the tax liability is not resolved, a Certificate of Debt will be filed in the New Jersey Superior Court against the corporation and any responsible officers.
The Attorney General’s Office investigates a broad range of misconduct across New Jersey, and many of these investigations begin with a complaint from the public. Different types of allegations are investigated by different entities with the Office, and so please review the list below when deciding where to file your complaint.
The Division of Criminal Justice (DCJ) investigates crimes motivated by prejudice against others based on race, color, religion, sexual orientation, gender, disability, or ethnicity. Rewards of up to $25,000 for tips leading to a bias crime conviction. Report Bias.
After discovering the illegal activity being reported, the corporation took prompt and effective action to terminate its part in the activity or reported the activity to law enforcement (including making this application), with the offer to either terminate its part in the activity or participate in covert acts under the direction of law enforcement in order to aid in the investigation of the criminal activity;
The conditional non-prosecution agreement will not become final until all of its terms and conditions have been fulfilled by the applicant. At that time, OPIA will issue a final non-prosecution letter to the applicant. The final non-prosecution letter will incorporate the contents of the conditional non-prosecution letter, a statement that its terms and conditions have been fulfilled or waived by the State, and that the State will not seek prosecution of the applicant pursuant to the terms of the agreement.
The Anti-Corruption Whistleblower Program (“ACWP”) promotes the detection of previously unreported corruption crimes by encouraging eligible individuals or corporations to self-report their involvement in such criminal activity.
The criminal activity at issue was committed by others within the corporation, without knowledge, acquiescence or participation of the high level employees, officers, directors, or shareholders who now seek waiver of prosecution for the corporation;
Individuals or corporations may make an initial report, either directly, anonymously, or through an attorney, by one of the following methods:
The corruption activity reported by the corporation must not already be the subject of a referral to OPIA, an investigation by OPIA, an investigation by the New Jersey Department of Law and Public Safety or any other foreign, domestic, federal, state, county or municipal agency, and must not have been publicly disclosed by another source;
Any statements by the applicant on the ACWP Application Form may not be used in a direct case against the applicant in any New Jersey state criminal proceeding, except if the applicant provides false or misleading information or is ever a witness against the State at any trial or other judicial proceeding.