2025 Session
Last amended: 1981 session
§ 302A.791 — Omitted Assets
Plain-Language Summary
Sets rules for handling assets discovered after a corporation has been dissolved.
302A.791 OMITTED ASSETS.
Title to assets remaining after payment of all debts, obligations, or liabilities and after distributions to shareholders may be transferred by a court in this state.
History:
History: History:
1981 c 270 s 119
Practical Notes
If property is found after dissolution, the court can reopen proceedings to distribute it.