14A:12-19. Dissolution upon liquidation
46 words·~1 min read·
/nj/title-14a/chapter-12/14a-12-19·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No corporation shall be completely liquidated and all of its assets distributed to its shareholders unless provision is made for the dissolution of the corporation and the payment of all fees, taxes, and other expenses incidental thereto.
L.1973, c. 366, s. 73, eff. May 1, 1974.