Forming a Journalism Cooperative in New Jersey [1]

New Jersey limits the formation of cooperative corporations to cooperative housing corporations, under the Cooperative Recording Act of New Jersey as codified at N.J. Stat. Ann. § 46:8D-1. [2] Thus, you cannot form a journalism cooperative in New Jersey. However, you may be able to form another business entity in New Jersey with characteristics similar to a cooperative, such as an LLC [3], a corporation [4], or a non-profit corporation [5]. You may wish to seek the assistance of an attorney in considering your options for forming a business in New Jersey.