{"data":{"id":"us-ct/conn.-gen.-stat.-33-1174","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 33-1174","heading":"Effect of dissolution.","body":"(a) A dissolved corporation continues its corporate existence but may not carry on any activities except those appropriate to wind up and liquidate its activities and affairs, including: (1) Adopting a plan providing for the distribution of assets under section 33-1175; (2) collecting its assets; (3) consistent with the requirements of section 33-1176 and any restrictions imposed upon the property by law, disposing of the corporation's properties that will not be distributed in kind pursuant to the plan for distribution of assets; (4) discharging or making provision for discharging its liabilities; (5) distributing its assets in accordance with sections 33-1175 and 33-1176; (6) doing every other act necessary to wind up and liquidate its business and affairs.\n(b) Dissolution of a corporation does not: (1) Transfer title to the corporation's property; (2) prevent transfer of its transferable membership interests, if any, although the authorization to dissolve may provide for closing the corporation's membership records; (3) subject its directors or officers to standards of conduct different from those prescribed in sections 33-1080 to 33-1130, inclusive; (4) change quorum or voting requirements for its board of directors or members; change provisions for selection, resignation or removal of its directors or officers or both; or change provisions for amending its bylaws; (5) prevent commencement of a proceeding by or against the corporation in its corporate name; (6) abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution; (7) terminate the authority of the registered agent of the corporation; or (8) of itself render the members liable for any liability or other obligations of the corporation or vest title to the property of the corporation in the members.","path":["TITLE 33. CORPORATIONS","CHAPTER 602. NONSTOCK CORPORATIONS","PART XI. DISSOLUTION"],"source_url":"https://www.cga.ct.gov/current/pub/chap_602.htm#sec_33-1174","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:11Z","sha256":"da26079d073cceffeeccfdf94114041fa88d3372ddf80861c28a8fb4cbfb75ac","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-33-1173","next":"us-ct/conn.-gen.-stat.-33-1175"},"notice":"GroundRules: Original legal text. Not legal advice."}
