1. Disposition of known claims. A dissolved corporation may dispose of the known claims against it by notifying its known claimants in writing of the dissolution at any time after the effective date of the dissolution.
2. Written notice. The written notice required by subsection 1 must:
A. Describe information that must be included in a claim against the corporation;
B. Provide a mailing address where a claim may be sent;
C. State the deadline, which may not be fewer than 120 days from the effective date of the written notice, by which the dissolved corporation must receive the claim; and
D. State that the claim may be barred if not received by the deadline.
3. Claim barred. A claim against the dissolved corporation, other than a liquidated claim that is known to the corporation, has fully matured and is not disputed in good faith by the corporation, is barred:
A. If a claimant who was given written notice under subsection 2 does not deliver the claim to the dissolved corporation by the deadline; or
B. If a claimant whose claim was rejected by the dissolved corporation does not commence a proceeding to enforce the claim within 90 days after the effective date of the rejection notice.
4. Claim. For purposes of this section, "claim" does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.