N.Y. General Business Law 279-B – Cancellation
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§ 279-b. Cancellation. The secretary of state shall cancel from the register:
Terms Used In N.Y. General Business Law 279-B
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- 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.
- Person: means any individual, firm, partnership, corporation, association, union or other organization. See N.Y. General Business Law 275
(1) Any certificate concerning which the secretary of state shall receive a voluntary request for cancellation thereof from the person filing or from the assignee;
(2) Any certificate in respect of which a court of competent jurisdiction shall order cancellation on any legal or equitable ground.