2007 Minnesota Statutes

308A.961 FILING CLAIMS IN COURT-SUPERVISED DISSOLUTION PROCEEDINGS.
    Subdivision 1. Filing under oath. In proceedings to dissolve a cooperative, the court may
require all creditors and claimants of the cooperative to file their claims under oath with the court
administrator or with the receiver in a form prescribed by the court.
    Subd. 2. Date to file claim. (a) If the court requires the filing of claims, the court shall:
(1) set a date, by order, at least 120 days after the date the order is filed, as the last day
for the filing of claims; and
(2) prescribe the notice of the fixed date that shall be given to creditors and claimants.
(b) 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 cooperative.
History: 1989 c 144 art 3 s 41