(1)
(a) Section 79-29-803 applies to an action for judicial dissolution commenced after the mandatory application date; or
(b) Section 79-29-801 applies to a voluntary dissolution initiated after the mandatory application date.
(2) The prior law governs:
(a) An action described by subsection (1)(a) of this section that is pending on the mandatory application date; or
(b) A proceeding described by subsection (1)(b) of this section initiated before the mandatory application date.
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