14A:12-8. Effective time of dissolution
134 words·~1 min read·
/nj/title-14a/chapter-12/14a-12-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective time of dissolution.
A corporation is dissolved
(a)when the period of duration stated in the corporation's certificate of incorporation expires and the corporation files a certificate of dissolution in the office of the Secretary of State pursuant to section 14A:12-5.1; or
(b)upon the proclamation of the Secretary of State issued pursuant to section 54:11-2 of the Revised Statutes; or
(c)when a certificate of dissolution is filed in the office of the Secretary of State pursuant to section 14A:12-2, 14A:12-3, 14A:12-4 or 14A:12-5, except when a later time not to exceed 90 days after the date of filing is specified in the certificate of dissolution; or
(d)when a judgment of forfeiture of corporate franchises or of dissolution is entered by a court of competent jurisdiction.
L.1968, c.350; amended 1973,c.366,s.68; 1995,c.279,s.20.