Connecticut Statutes
§ 33-887b — Duties of directors of dissolved corporation.
(a)Directors of a dissolved corporation shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions of assets to shareholders after payment of or provision for claims.
(b)Directors of a dissolved corporation which has disposed of claims under section 33-886 , 33-887 or 33-887a shall not be liable for breach of subsection (a) of this section with respect to claims against the dissolved corporation that are barred or satisfied under section 33-886 , 33-887 or 33-887a .
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Connecticut § 33-887b (Duties of directors of dissolved corporation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(P.A. 03-18, S. 32.) History: P.A. 03-18 effective July 1, 2003. The obligations of a director of a dissolved corporation under section apply when, at the time of dissolution, plaintiff's claim had not been disposed of, but rather had been filed in small claims court and was disputed by defendant. 157 CA 297.
Nearby Sections
15
§ 33-1001
Construction of statutes.§ 33-1002
Definitions.§ 33-1003
Notice.§ 33-1003a
Qualified director.§ 33-1004
Filing requirements.§ 33-1005
Forms. Mailing address.§ 33-1006
Effective time and date of document.§ 33-1007
Correcting filed document.§ 33-1012
Penalty for signing false document.