{"data":{"id":"us-sc/s.c.-code-ann.-33-44-807","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-44-807","heading":"Known claims against dissolved limited liability company.","body":"(a) A dissolved limited liability company may dispose of the known claims against it by following the procedure described in this section.\n(b) A dissolved limited liability company shall notify its known claimants in writing of the dissolution. The notice must:\n(1) specify the information required to be included in a claim;\n(2) provide a mailing address where the claim is to be sent;\n(3) state the deadline for receipt of the claim, which may not be less than one hundred twenty days after the date the written notice is received by the claimant; and\n(4) state that the claim will be barred if not received by the deadline.\n(c) A claim against a dissolved limited liability company is barred if the requirements of subsection (b) are met, and:\n(1) the claim is not received by the specified deadline; or\n(2) in the case of a claim that is timely received but rejected by the dissolved company, the claimant does not commence a proceeding to enforce the claim within ninety days after the receipt of the notice of the rejection.\n(d) For purposes of this section, \"claim\" does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 44 Uniform Limited Liability Company Act of 1996","ARTICLE 8 Winding Up Company's Business"],"source_url":"https://www.scstatehouse.gov/code/t33c044.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:34Z","sha256":"1e2ab7d2d6ad821fe8481909c78a29b6280c2127a5c0d21e1c7ab12dd1de0bc0","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-44-806","next":"us-sc/s.c.-code-ann.-33-44-808"},"notice":"GroundRules: Original legal text. Not legal advice."}
