[§414D-246]  Known claims against dissolvedcorporation.  (a)  A dissolved corporation may dispose of the known claimsagainst it by following the procedure described in this section.

(b)  The dissolved corporation shall notify itsknown claimants in writing of the dissolution at any time after its effectivedate.  The written notice shall:

(1)  Describe information that must be included in aclaim;

(2)  Provide a mailing address where a claim may besent;

(3)  State the deadline, which may not be fewer thanone hundred twenty days from the effective date of the written notice, by whichthe dissolved corporation must receive the claim; and

(4)  State that the claim will be barred if notreceived by the deadline.

(c)  A claim against the dissolved corporationis barred:

(1)  If a claimant who was given written notice undersubsection (b) does not deliver the claim to the dissolved corporation by thedeadline; or

(2)  If a claimant whose claim was rejected by thedissolved corporation does not commence a proceeding to enforce the claimwithin ninety 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 onan event occurring after the effective date of dissolution. [L 2001, c 105, ptof §1]