47-1A-1407.1. Time for bringing action to enforce claim against dissolved corporation after notice publication.
100 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-1407-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the dissolved corporation publishes a newspaper notice in accordance with § 47-1A-1407 , the claim of each of the following claimants is barred unless the claimant commences a proceeding to enforce the claim against the dissolved corporation within three years after the publication date of the newspaper notice:
(1)A claimant who was not given written notice under §§ 47-1A-1406 to 47-1A-1406.2 , inclusive;
(2)A claimant whose claim was timely sent to the dissolved corporation but not acted on;
(3)A claimant whose claim is contingent or based on an event occurring after the effective date of dissolution.