New Jersey Statutes
§ 14A:12-17 — Disposition of unclaimed distributive shares
New Jersey·Title 14A CORPORATIONS, GENERAL
The distributive shares payable to any person who is unknown or cannot be found, or who is under a disability and for whom there is no legal representative, shall be paid into the Superior Court to be held for the benefit of the owners, subject to the order of the court.
L.1968, c.350.
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Nearby Sections
15
§ 14A:12-1
Methods of dissolution§ 14A:12-10
Revocation of dissolution proceedings§ 14A:12-11
Effect of revocation of dissolution§ 14A:12-12
Notice to creditors; filing claims§ 14A:12-13
Barring of claims of creditors§ 14A:12-14
Disposition of rejected claims§ 14A:12-15
Jurisdiction of the Superior Court§ 14A:12-16
Distribution to shareholders§ 14A:12-17
Disposition of unclaimed distributive shares§ 14A:12-18
Judgment of dissolution; filing copy§ 14A:12-19
Dissolution upon liquidation§ 14A:12-2
Dissolution before commencing business§ 14A:12-3. Dissolution without a meeting of shareholders
§ 14A:12-3. Dissolution without a meeting of shareholders§ 14A:12-4. Dissolution pursuant to action of board and shareholders
§ 14A:12-4. Dissolution pursuant to action of board and shareholders