2010 North Carolina Code
Chapter 57C North Carolina Limited Liability Company Act.
Article 6 - Dissolution.
57C-6-07. Known claims against dissolved limited liability company.

57C‑6‑07. Known claims against dissolved limited liability company.

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

(b) The dissolved limited liability company shall notify its known claimants in writing of the dissolution at any time after it has filed its articles of dissolution. The written notice must:

(1) Describe information that must be included in a claim;

(2) Provide a mailing address where claims may be sent;

(3) State the deadline, which may not be fewer than 120 days from the date of the written notice, by which the dissolved limited liability company must receive the claim; and

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

(c) A claim against the dissolved limited liability company is barred:

(1) If the limited liability company does not receive the claim by the deadline from a claimant who received written notice under subsection (b) of this section; or

(2) If a claimant whose claim was rejected by written notice from the dissolved limited liability company does not commence a proceeding to enforce the claim within 90 days from the date of receipt 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 filing of the articles of dissolution. (1993, c. 354, s. 1.)