Maine § 13-C §1407 Known claims against dissolved corporation

Maine Statutes

§ 13-C §1407 — Known claims against dissolved corporation

Maine § 13-C §1407

Title 13-CMAINE BUSINESS CORPORATION ACT

Ch. 14DISSOLUTION

This text of Maine § 13-C §1407 (Known claims against dissolved corporation) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13-C, § 13-C §1407 (2026).

Text

1.Disposition of known claims. A dissolved corporation may dispose of the known claims against it by notifying its known claimants in writing of the dissolution at any time after the effective date of the dissolution.

2.Written notice. The written notice required by subsection 1 must:

3.Claim barred. A claim against the dissolved corporation, other than a liquidated claim that is known to the corporation, has fully matured and is not disputed in good faith by the corporation, is barred:

4.Claim. For purposes of this section, "claim" does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.

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1.
Disposition of known claims.
A dissolved corporation may dispose of the known claims against it by notifying its known claimants in writing of the dissolution at any time after the effective date of the dissolution.
2.
Written notice.
The written notice required by subsection 1 must:
3.
Claim barred.
A claim against the dissolved corporation, other than a liquidated claim that is known to the corporation, has fully matured and is not disputed in good faith by the corporation, is barred:
4.
Claim.
For purposes of this section, "claim" does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.