(1) A dissolved corporation continues its corporate existence but may not carry on any business except that appropriate to wind up and liquidate its business and affairs, including: collecting its assets;
(2) disposing of its properties that will not be distributed in kind to its shareholders;
(3) discharging or making provision for discharging its liabilities;
(4) distributing its remaining property among its shareholders according to their interests; and
(5) doing every other act necessary to wind up and liquidate its business and affairs.
(6) Dissolution of a corporation does not: transfer title to the corporation's property;
(7) prevent transfer of its shares or securities, although the authorization to dissolve may provide for closing the corporation's share transfer records;
(8) subject its directors or officers to standards of conduct different from those prescribed in § 4-27-801 et seq.;
(9) change quorum or voting requirements for its board of directors or shareholders; change provisions for selection, resignation, or removal of its directors or officers or both; or change provisions for amending its bylaws;
(10) prevent commencement of a proceeding by or against the corporation in its corporate name;
(11) abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution; or
(12) terminate the authority of the registered agent of the corporation.