New Jersey · New Jersey Revised Statutes — Title 2C, The New Jersey Code of Criminal Justice
N.J.S.A. Title 2C § 2C:21-9: Misconduct by corporate official
What this law says, in plain English
A corporate director or officer commits a crime by fraudulently authorizing illegal dividends, stock transfers, or capital manipulation, or by using the corporation for criminal purposes. Severity depends on financial benefit: $75,000+ is second-degree; $1,000–$74,999 is third-degree; $1,000 or less is fourth-degree.
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