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2019 Connecticut General Statutes
Title 33 - Corporations
Chapter 602 - Nonstock Corporations
Section 33-1178b - Duties of directors of dissolved corporation.
Universal Citation: CT Gen Stat § 33-1178b (2019)
(a) Directors of a dissolved corporation shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions of assets to members after payment of or provision for claims.
(b) Directors of a dissolved corporation which has disposed of claims under section 33-1177, 33-1178 or 33-1178a shall not be liable for breach of subsection (a) of this section with respect to claims against the dissolved corporation that are barred or satisfied under sections 33-1177, 33-1178 or 33-1178a.
(P.A. 03-18, S. 53; 03-278, S. 127.)
History: P.A. 03-18 effective July 1, 2003; P.A. 03-278 made a technical change in Subsec. (b), effective July 1, 2003.
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