A domestic entity that is dissolved pursuant to section 7-90-908 continues its existence but may not carry on any business except as is appropriate to wind up and liquidate its business and affairs, and to give notice to claimants, in accordance with the organic statutes.
Source: L. 2005: Entire part added, p. 1215, § 20, effective October 1. L. 2007: Entire section amended, p. 244, § 40, effective May 29. L. 2019: Entire section amended, (SB 19-086), ch. 166, p. 1922, § 23, effective July 1, 2020.
SUBPART 3
NOTICE TO CREDITORS BY DISSOLVED ENTITIES -
ENFORCEMENT OF CLAIMS AGAINST DISSOLVED ENTITIES