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N.Y. NPC Law § 1114

This is the official text of N.Y. NPC Law § 1114, part of New York’s NPC Law — part of the compiled statutory law of New York, published by the state as "NPC Law." Browse the sections below, each linked to its official government source.

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Discontinuance of action or special proceeding

Official statutory text

§ 1114. Discontinuance of action or special proceeding.\n An action or special proceeding for the dissolution of a corporation\nmay be discontinued at any stage when it is established that the cause\nfor dissolution did not exist or no longer exists. In such event, the\ncourt shall dismiss the action or special proceeding and direct any\nreceiver to redeliver to the corporation all its remaining property.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.