Current through L. 2024, c. 80.
Section 14A:12-1 - Methods of dissolution(1) A corporation may be dissolved in any one of the following ways (a) By the filing of a certificate of dissolution pursuant to section 14A:12-5.1 upon expiration of any period of duration stated in the corporation's certificate of incorporation;(b) By action of the incorporators or directors pursuant to section 14A:12-2;(c) By action of the shareholders pursuant to section 14A:12-3;(d) By action of the board and the shareholders pursuant to section 14A:12-4;(e) By action of a shareholder or shareholders pursuant to section 14A:12-5;(f) By a judgment of the Superior Court in an action brought pursuant to section 14A:12-6 or 14A:12-7, or otherwise;(g) Automatically by a proclamation of the Secretary of State repealing or revoking a certificate of incorporation for nonpayment of taxes or for failure to file annual reports;(h) By action of a corporation without assets pursuant to section 14A:12-4.1.(2) A corporation which has been dissolved in a proceeding pursuant to section 14A:12-6 or 14A:12-7, or which has been dissolved, or whose charter has been forfeited or revoked, for a cause or by a method not mentioned in this section, shall be subject to all the provisions of this Chapter and of Chapter 14, to the extent that such provisions are compatible with a court directed dissolution, or with the statute or common-law proceeding pursuant to which such dissolution, forfeiture or revocation is effected.Amended 1973, c.366, s.64; 1988, c.94, s.67.