Maine Code § 31-1599

Known claims against dissolved limited liability company
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1. Disposal of claims. A dissolved limited liability company may dispose of any known claims
against it by following the procedures described in subsection 2 at any time after the effective date of
the dissolution of the limited liability company.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
2. Notice. A dissolved limited liability company may give written notice of the dissolution in a
record to the holder of any known claim. The notice must:
A. Describe the information required to be included in a claim; [PL 2009, c. 629, Pt. A, §2
(NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
B. Provide a mailing address to which the claim is to be sent; [PL 2009, c. 629, Pt. A, §2 (NEW);
PL 2009, c. 629, Pt. A, §3 (AFF).]
C. State the deadline, which may not be fewer than 120 days from the effective date of the notice,
by which the dissolved limited liability company must receive the claim; and [PL 2009, c. 629,
Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
D. State that, if not sooner barred, the claim will be barred pursuant to subsection 3 if not received
by the deadline. [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
3. Claims barred. Unless sooner barred by any other statute limiting actions, a claim against a
dissolved limited liability company is barred:

A. If a claimant who was given notice under subsection 2 does not deliver the claim to the dissolved
limited liability company by the deadline; or [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c.
629, Pt. A, §3 (AFF).]
B. If a claimant whose claim was rejected by the dissolved limited liability company does not
commence a proceeding to enforce the claim within 90 days from the effective date of the rejection
notice. [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
4. Claims. For purposes of this section, "known claim" or "claim" includes unliquidated claims
but not does include a contingent liability that has not matured so that there is no immediate right to
bring suit or a claim based on an event occurring after the effective date of dissolution.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
5. No extension of statute of limitations. Nothing in this section may be deemed to extend any
otherwise applicable statute of limitations.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

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