South Dakota § 47-1A-1407 Other claims against dissolved corporation--Publication of notice of dissolution.

South Dakota Statutes

§ 47-1A-1407 — Other claims against dissolved corporation--Publication of notice of dissolution.

South Dakota·Title 47 CORPORATIONS·Ch. 47-1 SOUTH DAKOTA BUSINESS CORPORATION ACT

A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must:

(1)Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County;

(2)Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and (3) State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.

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A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must: (1) Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County; (2) Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and (3) State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.

South Dakota § 47-1A-1407 (Other claims against dissolved corporation--Publication of notice of dissolution.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.