2005 Minnesota Statutes - 317A.759 — Filing claims in proceedings to dissolve.

     317A.759 Filing claims in proceedings to dissolve. 


    Subdivision 1.    Filing may be required.  In a 
 proceeding under section 317A.751 to dissolve a corporation, the 
 court may require 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.    Date; claims barred.  If the court requires 
 the filing of claims, it shall fix a date, which may not be 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 must 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 assets 
 of the corporation.  


    HIST: 1989 c 304 s 109