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New Jersey Statutes, Title: 15A, CORPORATIONS, NONPROFIT
Chapter 12: Methods of dissolution
Section: 15A:12-5: Dissolution pursuant to action of board
If there are no members of the corporation entitled to vote on the dissolution of the corporation, a corporation may be dissolved by the affirmative vote of two-thirds of its trustees at a meeting of the board. If dissolution is approved as provided in this section, a certificate of dissolution shall be executed on behalf of the corporation and an original and a copy shall be filed in the office of the Secretary of State. The certificate shall contain the information required by section 15A:12-10. The Secretary of State shall forward the copy to the Attorney General.
L.1983, c. 127, s. 15A:12-5, eff. Oct. 1, 1983.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 15a:12-5 (if available):
Court decisions that cite this statute:
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