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Section 79-29-807 - Safekeeping by State Treasurer — Mississippi Law | CourtGPT
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  2. Laws/
  3. Mississippi/
  4. Title 79 - Corporations, Associations, and Partnerships/
  5. Chapter 29 - Revised Mississippi Limited Liability Company Act/
  6. Article 8 - Dissolution/
  7. Section 79-29-807 - Safekeeping by State Treasurer
Mississippi Legal Code

Section 79-29-807 - Safekeeping by State Treasurer

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Assets of a dissolved limited liability company that should be transferred to a creditor, claimant or member of the limited liability company who cannot be found shall be reduced to cash and deposited with the State Treasurer for safekeeping. When the creditor, claimant or member furnishes satisfactory proof of entitlement to the amount deposited, the State Treasurer shall pay such person or the person's personal representative that amount. Laws, 2010, ch. 532, § 1, eff. 1/1/2011.