N.Y. Not-for-Profit Corporation Law § 1101: Attorney-general's action for judicial dissolution

§ 1101. Attorney-general's action for judicial dissolution.

(a) The attorney-general may bring an action for the dissolution of a

corporation upon one or more of the following grounds:

(1) That the corporation procured its formation through fraudulent

misrepresentation or concealment of a material fact.

(2) That the corporation has exceeded the authority conferred upon it

by law, or has violated any provision of law whereby it has forfeited

its charter, or carried on, conducted or transacted its business in a

persistently fraudulent or illegal manner, or by the abuse of its powers

contrary to public policy of the state has become liable to be

dissolved.

(b) An action under this section is triable by jury as a matter or

right.

(c) The enumeration in paragraph (a) of grounds for dissolution shall

not exlude actions or special proceedings by the attorney-general or

other state officials for the annulment or dissolution of a corporation

for other causes as provided in this chapter or in any other statute of

this state.