Section 304-C:60 Known Claims Against Dissolved Limited Liability Company. - New Hampshire Statutes

   I. Upon dissolution, a limited liability company may dispose of the known claims against it by filing a certificate of cancellation pursuant to RSA 304-C:59 and following the procedures described in this section.
   II. The limited liability company shall notify its known claimants in writing of the dissolution at any time after the effective date of dissolution. The written notice must:
      (a) Describe information that must be included in a claim;
      (b) Provide a mailing address where a claim may be sent;
      (c) State the deadline, which may not be fewer than 120 days after the later of the date of the written notice or the filing of the certificate of cancellation pursuant to RSA 304-C:59 by which the limited liability company must receive the claim; and
      (d) State that the claim will be barred if not received by the deadline.
   III. A claim against the limited liability company is barred:
      (a) If a claimant who was given written notice under paragraph II does not deliver the claim to the limited liability company by the deadline;
      (b) If a claimant whose claim was rejected by the limited liability company does not commence a proceeding to enforce the claim within 90 days after the date of the rejection notice.
   IV. For purposes of this section, ""claim'' does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.

Source. 1993, 313:1, eff. July 1, 1993.