New Jersey § 14a:12-15
Full text of New Jersey New Jersey Statutes § 14a:12-15, with citation guidance and answers to common questions.
§ 14a:12-15.
At any time after a corporation has been dissolved in any manner, a creditor, as
defined in subsection 14A:12-12(3), or a shareholder of the corporation, or the corporation
itself, may apply to the Superior Court for a judgment that the affairs of the corporation
and the liquidation of its assets continue under the supervision of the court. The court shall have power to proceed in a summary manner or otherwise upon such
application, and shall make such orders and judgments as may be required, including,
but not limited to, the continuance of the liquidation of the corporation's assets
by its officers and directors under the supervision of the court, or the appointment
of a receiver of the corporation, who shall be vested with all the powers provided
in Chapter 14 1 to be exercised by receivers appointed to liquidate the affairs of a corporation. 1
N.J.S.A. § 14A:14-1 et seq.
Frequently Asked Questions About New Jersey § 14a:12-15
What does New Jersey Statutes § 14a:12-15 cover?
Section 14a:12-15 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:12-15?
A common citation format is "New Jersey Statutes § 14a:12-15" (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:12-15 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.