New York Statutes
§ 1102 — Directors' petition for judicial dissolution
New York § 1102
This text of New York § 1102 (Directors' petition for judicial dissolution) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. Business Corporation § 1102 (2026).
Text
§ 1102. Directors' petition for judicial dissolution.\n If a majority of the board adopts a resolution that finds that the\nassets of a corporation are not sufficient to discharge its liabilities\nor that a dissolution will be beneficial to the shareholders, it may\npresent a petition for its dissolution.\n
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Related
Fiorillo v. New York State Department of Environmental Conservation
123 A.D.2d 151 (Appellate Division of the Supreme Court of New York, 1987)
In Re the Judicial Dissolution of Candlewood Holdings, Inc.
124 A.D.3d 775 (Appellate Division of the Supreme Court of New York, 2015)
In re the Dissolution of Bernfeld
86 A.D.3d 244 (Appellate Division of the Supreme Court of New York, 2011)
Nearby Sections
15
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Bluebook (online)
New York § 1102, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/BSC/1102.