Forming a Journalism Cooperative in New Jersey

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. 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, a corporation, or a non-profit corporation. You may wish to seek the assistance of an attorney in considering your options for forming a business in New Jersey.