New York § 1114 Discontinuance of action or special proceeding

New York Statutes

§ 1114 — Discontinuance of action or special proceeding

New York·Law NPC Not-for-Profit Corporation·Art. 11 Judicial Dissolution

§ 1114. Discontinuance of action or special proceeding.\n  An action or special proceeding for the dissolution of a corporation\nmay be discontinued at any stage when it is established that the cause\nfor dissolution did not exist or no longer exists.  In such event, the\ncourt shall dismiss the action or special proceeding and direct any\nreceiver to redeliver to the corporation all its remaining property.\n

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§ 1114. Discontinuance of action or special proceeding.\n An action or special proceeding for the dissolution of a corporation\nmay be discontinued at any stage when it is established that the cause\nfor dissolution did not exist or no longer exists. In such event, the\ncourt shall dismiss the action or special proceeding and direct any\nreceiver to redeliver to the corporation all its remaining property.\n

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