§ 47-1A-1407 Other claims against dissolved corporation--Publication of notice of dissolution.

SD Codified L § 47-1A-1407 (2019) (N/A)
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47-1A-1407. Other claims against dissolved corporation--Publication of notice of dissolution. A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must:

(1) Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County;

(2) Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and

(3) State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.Source: SL 2005, ch 239, § 321; SL 2008, ch 275, § 39.