Title 14A, Title 14A: CORPORATIONS, GENERAL

14A:14-16. Claims; presentation; approval or rejection Creditors shall, if required by the receiver, submit themselves to examination by him and produce before him such records and proof relating to their claims as the receiver may direct. The receiver may also examine under oath…

14A:14-17. Claims; jury trial A creditor who presents his claim to a receiver pursuant to this chapter and whose claim is disallowed in whole or in part by the receiver shall, on demand in writing, be entitled to trial by jury on any issue triable of right by jury. L.1968, c.350.…

14A:14-18. Review of receiver's actions Any person aggrieved by the proceedings or determination of the receiver in the discharge of his duties shall be entitled to a review of the receiver's action in a summary manner in the Superior Court. L.1968, c.350.

14A:14-19. Discontinuance of receivership action A receivership action against a corporation may be discontinued at any time when it is established that cause for the action no longer exists. In such event, the court shall dismiss the proceedings and direct the receiver to redeli…

14A:14-2. Jurisdiction of the superior court; appointment of receiver (1) A receivership action may be brought in the Superior Court by (a) a creditor whose claim is for a sum certain or for a sum which can by computation be made certain; or (b) a shareholder or shareholders who …

14A:14-20. Allowances to receiver and others; costs and expenses In any proceeding under this chapter, the court shall allow a reasonable compensation to the receiver for his services and his costs and expenses in the receivership action. It shall also allow reasonable compensati…

14A:14-21. Distribution of assets; priorities (1) After payment of all allowances, expenses and costs, and, subject to the laws of the United States and to subsection 14A:14-21(3), the satisfaction of all liens upon the funds of the corporation to the extent of their lawful prior…

14A:14-22. Judgment of dissolution After distribution of the corporation's assets as provided in section 14A:14-21, the Superior Court may make a judgment dissolving the corporation and declaring its charter forfeited and void. L.1968, c.350.

14A:14-23. Reorganization under act of Congress; "plan of reorganization" defined As used in sections 14A:14-24, 14A:14-25 and 14A:14-26, "plan of reorganization" means a plan of corporate reorganization which has been ordered or confirmed by a court or by a commission or other a…

14A:14-24. Reorganization under act of Congress; implementation of plan of reorganization (1) A corporation shall have the power to do any act required or permitted by a plan of reorganization in order to put such plan in effect according to its terms. (2) The power conferred by …

14A:14-25. Reorganization under act of Congress; rights of certain shareholders In any case where a plan of reorganization of a corporation provides for any action to be taken, which, if taken pursuant to any provisions of this act would entitle dissenting shareholders to payment…

14A:14-26. Reorganization under act of Congress; certificates When any plan of reorganization provides for any action to be taken, which, if taken pursuant to any provisions of this act, would require the filing of a certificate or other document in the office of the Secretary of…

14A:14-27. Reorganization under act of Congress; powers and duties of state instrumentalities Nothing contained in sections 14A:14-24, 14A:14-25 or 14A:14-26 shall be construed to abrogate, limit or restrict the powers and duties over any corporation imposed or conferred by law o…

14A:14-3. Multiple receivers When more than one receiver of a corporation is appointed, (a) the provisions of this chapter applicable to one receiver shall be applicable to all; (b) the debts and property of the corporation may be collected and received by any of them; and (c) th…

14A:14-4. Title to corporate property and franchises (1) Upon his appointment, the receiver shall become vested with the title to all the property of the corporation, of every nature, including its franchises. (2) For the purpose of avoiding encumbrances, transfers and preference…

14A:14-5. Powers of receivers; general Subject to the general supervision of the Superior Court and pursuant to specific order where appropriate, a receiver shall have power to (a) take into his possession all the property of the corporation, including its books, records and pape…

14A:14-6. Powers of receiver; contempt of court If any person summoned to be examined pursuant to section 14A:14-5 shall refuse to be sworn, or to affirm, or to testify, or to answer a proper question, or to produce the books, papers, documents or tangible things demanded, or sha…

14A:14-7. Powers of receiver; sale of property free of encumbrances When property of a corporation for which a receiver has been appointed is, at the time of such appointment, subject to one or more encumbrances, the Superior Court, upon the application of the receiver, may autho…

14A:14-8. Rights of debtors; setoff; counterclaim (1) In all cases of mutual debts or mutual credits between the corporation and a creditor, the account shall be stated and one debt shall be set off against the other, and the balance only shall be allowed or paid. (2) A right of …

14A:14-9. Payment or delivery to corporation (1) After the commencement of a receivership action, but before the appointment of a receiver, a debtor of the corporation may make payment to the corporation of his debt, and a person holding property of the corporation may deliver it…