New Jersey Statutes 14A:14-22. Judgment of dissolution
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Terms Used In New Jersey Statutes 14A:14-22
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
After distribution of the corporation‘s assets as provided in section 14A:14-21, the Superior Court may make a judgment dissolving the corporation and declaring its charter forfeited and void.
L.1968, c.350.