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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 33-887b: Duties of directors of dissolved corporation.

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Where this section sits in the code
  1. TITLE 33. CORPORATIONS
  2. CHAPTER 601*. BUSINESS CORPORATIONS
  3. PART XIV. DISSOLUTION

(a) Directors of a dissolved corporation shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions of assets to shareholders after payment of or provision for claims.

(b) Directors of a dissolved corporation which has disposed of claims under section 33-886, 33-887 or 33-887a shall not be liable for breach of subsection (a) of this section with respect to claims against the dissolved corporation that are barred or satisfied under section 33-886, 33-887 or 33-887a.

Collected 2026-09-06T19:07:11Z. Source file · JSON

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