14A:12-5.1 - Dissolution upon expiration of period of duration
14A:12-5.1.Ā Dissolution upon expiration of period of duration
(1) A corporation shall not be dissolved when the period of duration statedĀ in its certificate of incorporation expires until a certificate of dissolutionĀ executed on its behalf has been filed in the office of the Secretary of State. Upon written demand to the corporation by any shareholder, a corporation whoseĀ duration has expired shall, within 60 days of such demand, file a certificateĀ of dissolution in the office of the Secretary of State unless within such timeĀ it amends its certificate of incorporation to extend its duration, as providedĀ in section 14A:9-1(2)(c).
(2) A certificate of dissolution filed pursuant to this section shall set forth
(a) the name of the corporation;
(b) the name of the registered agent of the corporation;
(c) the location of the registered office of the corporation;
(d) the names of the corporation's directors and officers;Ā and
(e) the fact that the corporation is dissolved because of expiration of theĀ period of duration stated in its certificate of incorporation.
L.1973, c. 366, s. 66, eff. May 1, 1974.
Ā
(1) A corporation shall not be dissolved when the period of duration statedĀ in its certificate of incorporation expires until a certificate of dissolutionĀ executed on its behalf has been filed in the office of the Secretary of State. Upon written demand to the corporation by any shareholder, a corporation whoseĀ duration has expired shall, within 60 days of such demand, file a certificateĀ of dissolution in the office of the Secretary of State unless within such timeĀ it amends its certificate of incorporation to extend its duration, as providedĀ in section 14A:9-1(2)(c).
(2) A certificate of dissolution filed pursuant to this section shall set forth
(a) the name of the corporation;
(b) the name of the registered agent of the corporation;
(c) the location of the registered office of the corporation;
(d) the names of the corporation's directors and officers;Ā and
(e) the fact that the corporation is dissolved because of expiration of theĀ period of duration stated in its certificate of incorporation.
L.1973, c. 366, s. 66, eff. May 1, 1974.
Ā