New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 7 - CORPORATION BUSINESS TAX ACT
Subchapter 19 - FILING FEE PAYMENTS BY PROFESSIONAL CORPORATIONS
Section 18:7-19.1 - Definitions

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

"Licensed professional" means, and is limited to, persons rendering a professional service as defined in N.J.S.A. 14A:17-3(1).

"Professional corporation" means a corporation which is organized under The Professional Service Corporation Act, 14A:17-1 et seq., or a similar act of another state for the purpose of rendering the same or closely allied professional service as its shareholders, each of whom must be licensed or otherwise legally authorized within the State to render such professional service.