New Jersey § 14A:12-6 Dissolution in action brought by the Attorney General

New Jersey Statutes

§ 14A:12-6 — Dissolution in action brought by the Attorney General

New Jersey § 14A:12-6

Title 14ACORPORATIONS, GENERAL

This text of New Jersey § 14A:12-6 (Dissolution in action brought by the Attorney General) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 14A:12-6 (2026).

Text

(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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(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.