New Jersey Statutes 14A:13-12. Injunction against foreign corporation
Terms Used In New Jersey Statutes 14A:13-12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
(a) without having first obtained a certificate of authority pursuant to this Chapter; or
(b) of a character not set forth in its application for a certificate of authority or for an amended certificate of authority; or
(c) after its authority to transact business in this State has been surrendered or revoked; or
(d) after it is dissolved or its authority or existence is otherwise terminated or cancelled in the jurisdiction of its incorporation.
(2) The Superior Court may proceed in such action in a summary manner or otherwise.
(3) The provisions of this section shall not exclude any other ground provided by law for injunctive relief against a foreign corporation to restrain it from the exercise of any franchise or the transaction of any business within this State.
L.1968, c.350.