2007 Minnesota Code
Chapters 300 - 319B Corporations
Chapter 302A Business Corporations
Section 302A.759 FILING CLAIMS IN PROCEEDINGS TO DISSOLVE.
302A.759 FILING CLAIMS IN PROCEEDINGS TO DISSOLVE.
Subdivision 1. Manner and form. In proceedings referred to in section
302A.751 to
dissolve a corporation, the court may require all creditors and claimants of the corporation to file
their claims under oath with the court administrator or with the receiver in a form prescribed by
the court.
Subd. 2. Fixed date. If the court requires the filing of claims, it shall fix a date, which shall
be not less than 120 days from the date of the order, as the last day for the filing of claims, and
shall prescribe the notice of the fixed date that shall be given to creditors and claimants. 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 corporation.
History: 1981 c 270 s 112; 1Sp1986 c 3 art 1 s 82
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