2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 89 - Limited Liability Companies
8977 - Survival of remedies and rights after dissolution.

     § 8977.  Survival of remedies and rights after dissolution.
        (a)  General rule.--The dissolution of a limited liability
     company shall not eliminate or impair any remedy available to or
     against the company or its managers or members for any right or
     claim existing or liability incurred prior to the dissolution,
     if an action thereon is brought on behalf of:
            (1)  the company within the time otherwise limited by
        law; or
            (2)  any other person before or within two years after
        the date of the dissolution or within the time otherwise
        limited by law, whichever is less.
        (b)  Action in name of company.--An action brought under
     subsection (a) may be prosecuted against and defended by the
     company under the name of the company.
        (c)  Preservation of limited liability.--The dissolution of a
     company shall not affect the limited liability of members with
     respect to transactions occurring or acts or omissions done or
     omitted in the name of or by the company except that each member
     shall be liable for his pro rata portion of the unpaid
     liabilities of the company up to the amount of the net assets of
     the company distributed to the member in connection with the
     dissolution.