Bar on known claims against dissolved corporation.

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47-1A-1406.1. Bar on known claims against dissolved corporation.

A claim against the dissolved corporation is barred:

(1)If a claimant who was given written notice under §47-1A-1406 does not deliver the claim to the dissolved corporation by the deadline; or

(2)If a claimant whose claim was rejected by the dissolved corporation does not commence a proceeding to enforce the claim within ninety days from the effective date of the rejection notice.

Source: SL 2005, ch 239, §319.


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