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This entry was published on 2014-09-22
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SECTION 1117
Applicability of other provisions
Business Corporation (BSC) CHAPTER 4, ARTICLE 11
§ 1117. Applicability of other provisions.

(a) Subject to the provisions of this article, the provisions of
sections 1005 (Procedure after dissolution), 1006 (Corporate action and
survival of remedies after dissolution), 1007 (Notice to creditors;
filing or barring claims) and 1008 (Jurisdiction of supreme court to
supervise dissolution and liquidation) shall apply to a corporation
dissolved under this article.

(b) Any orders provided for in section 1008, may be made at any stage
of an action or special proceeding for dissolution of a corporation
under this article, and if the corporation is dissolved under this
article, the court may retain jurisdiction for the purpose of making
such orders, after the dissolution, in such action or special
proceeding. The court may also make such orders in separate special
proceedings, as provided in section 1008.

(c) Notice to creditors and claimants, provided for in section 1007,
may also be given, by order of the court, at any stage of an action or
special proceeding for dissolution of a corporation under this article.