Wyoming § 17-19-1407 Known claims against dissolved corporation

Wyoming Statutes

§ 17-19-1407 — Known claims against dissolved corporation

Wyoming § 17-19-1407

Title 17Corporations, Partnerships and Associations

Ch. 19WYOMING NONPROFIT CORPORATION ACT

Art. 14DISSOLUTION

This text of Wyoming § 17-19-1407 (Known claims against dissolved corporation) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-19-1407 (2026).

Text

(a)A dissolved corporation may dispose of the known claims against it by following the procedure described in this section.

(b)The dissolved corporation shall notify its known claimants in writing by mail or private carrier or by personal delivery of the dissolution at any time after its effective date. The written notice shall:

(i)Describe information that shall be included in a claim;

(ii)Provide a mailing address where a claim may be sent;

(iii)State the deadline, which may not be fewer than one hundred twenty (120) days from the effective date of the written notice, by which the dissolved corporation shall receive the claim; and

(iv)State that the claim will be barred if not received by the deadline.

(c)A claim against the dissolved corporation is barred:

(i)If a claimant who w

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(a) A dissolved corporation may dispose of the known
claims against it by following the procedure described in this
section.
(b) The dissolved corporation shall notify its known
claimants in writing by mail or private carrier or by personal
delivery of the dissolution at any time after its effective
date. The written notice shall:
(i) Describe information that shall be included in a
claim;
(ii) Provide a mailing address where a claim may be
sent;
(iii) State the deadline, which may not be fewer than
one hundred twenty (120) days from the effective date of the
written notice, by which the dissolved corporation shall receive
the claim; and
(iv) State that the claim will be barred if not
received by the deadline.
(c) A claim against the dissolved corporation is barred:
(i) If a claimant who was given written notice under
subsection (b) of this section does not deliver the claim to the
dissolved corporation by the deadline; or
(ii) If a claimant whose claim was rejected by the
dissolved corporation does not commence a proceeding to enforce
the claim within ninety (90) days from the effective date of the
rejection notice.
(d) 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.