2005 Connecticut Code - Sec. 33-1174. Effect of dissolution.
Sec. 33-1174. Effect of dissolution. (a) A dissolved corporation continues its corporate existence but may not carry on any activities except those appropriate to wind
up and liquidate its activities and affairs, including: (1) Adopting a plan providing for
the distribution of assets under section 33-1175; (2) collecting its assets; (3) consistent
with the requirements of section 33-1176 and any restrictions imposed upon the property
by law, disposing of the corporation's properties that will not be distributed in kind
pursuant to the plan for distribution of assets; (4) discharging or making provision for
discharging its liabilities; (5) distributing its assets in accordance with sections 33-1175
and 33-1176; (6) doing every other act necessary to wind up and liquidate its business
and affairs.
(P.A. 96-256, S. 119, 209.)
History: P.A. 96-256 effective January 1, 1997.
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