§ 17-10-248 — Filing claims in court-supervised dissolution proceedings

(a) In proceedings to dissolve a cooperative, the court
may require all creditors and claimants of the cooperative to
file their claims under oath with the court administrator or
with the receiver in a form prescribed by the court.
(b) If the court requires the filing of claims, the court
shall:
(i) Set a date, by order, at least one hundred twenty
(120) days after the date the order is filed, as the last day
for the filing of claims; and
(ii) Prescribe the notice of the fixed date that
shall be given to creditors and claimants.
(c) Before the fixed date, the court may extend the time
for filing claims. Creditors and claimants failing to file
claims on or before the fixed date may be barred, by order of
court, from claiming an interest in or receiving payment out of
the property or assets of the cooperative.