This text of New Hampshire § 304-C:143 (Dispositions of Known Claims Against Dissolved Limited Liability Company) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
I. After the effective date of the dissolution of a limited liability company, a limited liability company may dispose of known claims against it by complying with the procedures described in paragraph II.
II. The limited liability company shall, within 60 days after the effective date of its dissolution, notify claimants who have known claims against it by sending them by regular mail a written notice of its dissolution. The written notice of dissolution shall:
(a)State the effective date of the dissolution;
(b)State the deadline, which may not be fewer than 120 days after the date of the written notice, by which the limited liability company must receive a written claim from the claimant;
(c)Describe the information that must be included in the written claim, which information shall i
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I. After the effective date of the dissolution of a limited liability company, a limited liability company may dispose of known claims against it by complying with the procedures described in paragraph II.
II. The limited liability company shall, within 60 days after the effective date of its dissolution, notify claimants who have known claims against it by sending them by regular mail a written notice of its dissolution. The written notice of dissolution shall:
(a) State the effective date of the dissolution;
(b) State the deadline, which may not be fewer than 120 days after the date of the written notice, by which the limited liability company must receive a written claim from the claimant;
(c) Describe the information that must be included in the written claim, which information shall include only information that is reasonable for the limited liability company to require of the claimant;
(d) Provide a mailing address where the written claim shall be sent; and
(e) State that the claim will be barred if the limited liability company does not receive the written claim by the deadline set forth pursuant to subparagraph (b).
III. A known claim against the limited liability company shall be barred if the limited liability company gives the claimant a written notice under paragraph II and the claimant fails to deliver a written claim to the limited liability company by the deadline set forth in subparagraph II(b).
IV. A known claim against the limited liability company shall be barred if:
(a) The limited liability company gives a claimant a written notice of a known claim in accordance with paragraph II.
(b) The claimant delivers a written claim to the limited liability company by the deadline set forth in subparagraph II(b);
(c) The limited liability company provides the claimant with a written rejection of the written claim within 30 days after receiving the written claim; and
(d) The claimant fails to commence a proceeding against the limited liability company to enforce the claim within 90 days after the date of the rejection notice.
V. For purposes of this subdivision, a "known claim" does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.