New Jersey Appraisal Rights

While Delaware isn’t the only state offering appraisal rights, not all of the remaining 49 states are appraisal-equal. New Jersey offers very little in terms of shareholder appraisal rights.

N.J.S.A. 14A:11-1 provides a general proposition that shareholders have a right to dissent from corporate actions, but then it enumerates several restrictions. Mirroring Delaware law, New