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Code · South Dakota · Title 47 · Chapter 47-1

47-1A-1407. Other claims against dissolved corporation--Publication of notice of dissolution.

116 words·~1 min read·/sd/title-47/chapter-47-1/47-1a-1407·

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A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must:
(1)Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County;
(2)Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and
(3)State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.
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