New York § 1114 - 1114Discontinuance of action or special proceeding

Full text of New York New York Consolidated Laws § 1114 — 1114Discontinuance of action or special proceeding, with citation guidance and answers to common questions.

§ 1114. 1114Discontinuance of action or special proceeding

§ 1114. Discontinuance of action or special proceeding. An action or special proceeding for the dissolution of a corporation may be discontinued at any stage when it is established that the cause for dissolution did not exist or no longer exists. In such event, the court shall dismiss the action or special proceeding and direct any receiver to redeliver to the corporation all its remaining property.

Source: official New York text · Last verified 2026-08-27

Frequently Asked Questions About New York § 1114

What does New York Consolidated Laws § 1114 cover?

Section 1114 ("1114Discontinuance of action or special proceeding") is part of the New York Consolidated Laws, the codified statutory law of New York. 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 York § 1114?

A common citation format is "New York Consolidated Laws § 1114" (New York). 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 York law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.

How does New York § 1114 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York 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 York.