New Jersey § 14a:11-11
Full text of New Jersey New Jersey Statutes § 14a:11-11, with citation guidance and answers to common questions.
§ 14a:11-11.
(1) The shares of a dissenting shareholder in a transaction described in subsection 14A:11-1(1) shall become reacquired by the corporation which issued them or by the surviving corporation, as the case may be, upon the payment of the fair value of shares. (2) (Deleted by amendment, P.L.1995, c. 279 .) (3) In an acquisition of shares pursuant to section 14A:10-9 or section 14A:10-13 , the shares of a dissenting shareholder shall become the property of the acquiring
corporation upon the payment by the acquiring corporation of the fair value of such
shares. Such payment may be made, with the consent of the acquiring corporation, by the
corporation which issued the shares, in which case the shares so paid for shall become
reacquired by the corporation which issued them and shall be cancelled.
Frequently Asked Questions About New Jersey § 14a:11-11
What does New Jersey Statutes § 14a:11-11 cover?
Section 14a:11-11 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 14a:11-11?
A common citation format is "New Jersey Statutes § 14a:11-11" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 14a:11-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.