New Jersey Statutes
§ 14A:12-6 — Dissolution in action brought by the Attorney General
New Jersey·Title 14A CORPORATIONS, GENERAL
(1)The Attorney General may bring an action in the Superior Court for the dissolution of a corporation upon the ground that the corporation (a) has procured its organization through fraud;
(b)has repeatedly exceeded the authority conferred upon it by law; or (c) has repeatedly conducted its business in an unlawful manner.
(2)The Superior Court may proceed in such action in a summary manner or otherwise.
(3)The enumeration in subsection 14A:12-6(1) of grounds for dissolution shall not exclude any other statutory or common law action by the Attorney General for the dissolution of a corporation or the revocation or forfeiture of its corporate franchises.
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