17:3A-3a. Application after liquidation for order to destroy records, etc.; notice of application; publication; order for destruction
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/nj/title-17/chapter-3a/17-3a-3aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At any time after liquidation of the corporation has been completed and final distribution made, the liquidator may apply to the Superior Court for an order authorizing the destruction of all records, documents and other papers relating to the liquidation, and of all records, documents and other papers of the corporation not previously destroyed pursuant to section two. The court may, in its discretion, order that notice of the application be advertised in the manner provided by section two.
If the court is satisfied that the liquidation has been completed and final distribution made, it may make an order authorizing the liquidator to destroy such records, documents and other papers on or after a date to be designated in such order, but in no case shall such destruction take place until after the expiration of one year from the completion of such liquidation and the making of the final distribution.
L.1948, c. 266, p. 1157, s. 3-A.