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New York · Through 2026-09-11

N.Y. Business Corporation Law § 1604: Enforcement

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Where this section sits in the code
  1. Business Corporation Law
  2. Article 16. Security Takeover Disclosure Act

§ 1604. Enforcement.

(a) The attorney general may conduct such investigation as he deems

necessary concerning any takeover bid for the purpose of determining

compliance with the requirements of this article. As part of such

investigation the attorney general may require persons to file

statements in writing and under oath with his office, subpoena

witnesses, compel their attendance, examine them under oath and require

the production of books, records, documents and papers.

(b) In the event the attorney general determines that any person is

violating or about to violate any provision of this article, or any

order, rule or regulation issued pursuant thereto, he may seek, in a

court of competent jurisdiction, an injunction temporarily or

permanently barring that person from making or taking part in or

continuing a takeover bid or from taking up or paying for shares

tendered by offerees pursuant to a takeover bid, and the court may grant

the relief applied for or so much thereof as it may deem proper.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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