§ 31 §1599 — Known claims against dissolved limited liability company

1.
Disposal of claims.
A dissolved limited liability company may dispose of any known claims against it by following the procedures described in subsection 2 at any time after the effective date of the dissolution of the limited liability company.
2.
Notice.
A dissolved limited liability company may give written notice of the dissolution in a record to the holder of any known claim. The notice must:
3.
Claims barred.
Unless sooner barred by any other statute limiting actions, a claim against a dissolved limited liability company is barred:
4.
Claims.
For purposes of this section, "known claim" or "claim" includes unliquidated claims but not does include a contingent liability that has not matured so that there is no immediate right to bring suit or a claim based on an event occurring after the effective date of dissolution.
5.
No extension of statute of limitations.
Nothing in this section may be deemed to extend any otherwise applicable statute of limitations.

Legislative History

PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).