54:11-6 - Action for appointment of a receiver - New Jersey Statutes

54:11-6.  Action for appointment of a receiver    After a corporation of this State has failed for the space of 2 consecutive  years to pay the taxes imposed upon it by law and the Director of the Division  of Taxation has reported the corporation to the Secretary of State as provided  in this chapter, the Attorney General may apply in an action against such  corporation in the Superior Court for the appointment of a receiver, or  otherwise.  The court may proceed in the action in a summary manner or  otherwise.

     Amended by L.1953, c. 51, p. 916, s. 119;  L.1970, c. 282, s. 5, eff. Dec. 3,  1970.