2017 New York Laws
BSC - Business Corporation
Article 16 - Security Takeover Disclosure Act
1604 - Enforcement.
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.
