Document ID: General_Provisions_Article_14._§_55A-14-08._ Unknown_and_certain_other_claims_against_dissolved_corporation.

Title: {"article_title": "Article 14.", "section_title": "§ 55A-14-08.  Unknown and certain other claims against dissolved corporation.", "subchapter_title": "General Provisions", "type": "section"}

§ 55A-14-08.  Unknown and certain other claims against dissolved corporation. (a)	A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the corporation present them in accordance with the notice. (b)	The notice shall: (1)	Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office (or, if there is none in this State, its registered office) is or was last located; (2)	Describe the information that shall be included in a claim and provide a mailing address where the claim may be sent; and (3)	State that a claim against the corporation will be barred unless a proceeding to enforce the claim is commenced within five years after the publication of the notice. (c)	If the dissolved corporation publishes a newspaper notice in accordance with subsection (b) of this section, the claim of each of the following claimants is barred unless the claimant commences a proceeding to enforce the claim against the dissolved corporation within five years after the publication date of the newspaper notice: (1)	A claimant who did not receive written notice under G.S. 55A-14-07; (2)	A claimant whose claim was timely sent to the dissolved corporation but not acted on; (3)	A claimant whose claim is contingent or based on an event occurring after the effective date of dissolution. (d)	Nothing in this section shall bar: (1)	Any claim alleging the liability of the corporation; or (2)	Any proceeding or action to establish the liability of the corporation; or (3)	The recovery on any judgment against the corporation to the extent that the corporation is protected by insurance coverage with respect to such claim, proceeding, or judgment. (1955, c. 1230; 1973, c. 314, s. 5; 1985 (Reg. Sess., 1986), c. 801, s. 41; 1993, c. 398, s. 1.)