§ 47-1A-1406.1 Bar on known claims against dissolved corporation.

SD Codified L § 47-1A-1406.1 (2019) (N/A)
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47-1A-1406.1. Bar on known claims against dissolved corporation. A claim against the dissolved corporation is barred:

(1) If a claimant who was given written notice under § 47-1A-1406 does not deliver the claim to the dissolved corporation by the deadline; or

(2) If a claimant whose claim was rejected by the dissolved corporation does not commence a proceeding to enforce the claim within ninety days from the effective date of the rejection notice.Source: SL 2005, ch 239, § 319.