Current through L. 2023, c. 349.
Section 14A:12-6 - Dissolution in action brought by the Attorney General(1) The Attorney General may bring an action in the Superior Court for the dissolution of a corporation upon the ground that the corporation(a) has procured its organization through fraud;(b) has repeatedly exceeded the authority conferred upon it by law; or(c) has repeatedly conducted its business in an unlawful manner.(2) The Superior Court may proceed in such action in a summary manner or otherwise.(3) The enumeration in subsection 14A:12-6(1) of grounds for dissolution shall not exclude any other statutory or common law action by the Attorney General for the dissolution of a corporation or the revocation or forfeiture of its corporate franchises.