15A:12-20 - Disposition of rejected claims
15A:12-20.Ā Disposition of rejected claims
If the corporation, or the receiver of a corporation appointed pursuant to this chapter, rejects in whole or in part any claim filed by a creditor, as defined in subsection c. of section 15A:12-18, the corporation or the receiver,Ā as the case may be, shall mail notice of the rejection to the creditor.Ā If theĀ creditor does not bring suit upon the claim within 60 days from the time theĀ notice was mailed, the creditor and all those claiming through or under thatĀ creditor shall, except as otherwise provided in this chapter, be forever barredĀ from suing on the claim or otherwise realizing upon or enforcing it.Ā Proof ofĀ the mailing required by this section shall be made by an affidavit filed in theĀ office of the Secretary of State.
L.1983, c. 127, s. 15A:12-20, eff. Oct. 1, 1983.
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If the corporation, or the receiver of a corporation appointed pursuant to this chapter, rejects in whole or in part any claim filed by a creditor, as defined in subsection c. of section 15A:12-18, the corporation or the receiver,Ā as the case may be, shall mail notice of the rejection to the creditor.Ā If theĀ creditor does not bring suit upon the claim within 60 days from the time theĀ notice was mailed, the creditor and all those claiming through or under thatĀ creditor shall, except as otherwise provided in this chapter, be forever barredĀ from suing on the claim or otherwise realizing upon or enforcing it.Ā Proof ofĀ the mailing required by this section shall be made by an affidavit filed in theĀ office of the Secretary of State.
L.1983, c. 127, s. 15A:12-20, eff. Oct. 1, 1983.
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