2000 Minnesota Statutes

     302A.759 Filing claims in proceedings to dissolve. 

    Subdivision 1.  In proceedings referred to in section 
 302A.751 to dissolve a corporation, the court may require all 
 creditors and claimants of the corporation to file their claims 
 under oath with the court administrator or with the receiver in 
 a form prescribed by the court.  

    Subd. 2.  If the court requires the filing of claims, it 
 shall fix a date, which shall be not less than 120 days from the 
 date of the order, as the last day for the filing of claims, and 
 shall prescribe the notice of the fixed date that shall be given 
 to creditors and claimants.  Before the fixed date, the court 
 may extend the time for filing claims.  Creditors and claimants 
 failing to file claims on or before the fixed date may be 
 barred, by order of court, from claiming an interest in or 
 receiving payment out of the property or assets of the 
 corporation.  

    HIST: 1981 c 270 s 112; 1Sp1986 c 3 art 1 s 82