Section 47-1A-1407.1 - Time for bringing action to enforce claim against dissolved corporation afternotice publication. - South Dakota Statutes

47-1A-1407.1. Time for bringing action to enforce claim against dissolved corporation after notice publication. If the dissolved corporation publishes a newspaper notice in accordance with § 47-1A-1407, 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 three years after the publication date of the newspaper notice:
(1) A claimant who was not given written notice under §§ 47-1A-1406 to 47-1A-1406.2, inclusive;
(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.

Source: SL 2005, ch 239, § 322.