Assets of a dissolved corporation that should be transferred to a creditor, claimant or member of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited for safekeeping with the State Treasurer or other state official empowered to hold such assets. When the creditor, claimant or member furnishes satisfactory proof of entitlement to the amount deposited, the State Treasurer or such other state official shall pay him or his representative that amount.
Conn. Gen. Stat. § 33-1193
Deposit of assets with State Treasurer or other state official
Known as the Connecticut Revised Nonstock Corporation Act
The act spans §§ 33–33 (207 sections).
(P.A. 96-256, S. 132, 209.) History: P.A. 96-256 effective January 1, 1997.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.