Connecticut General Statutes

Conn. Gen. Stat. § 33-887b (2025)

Duties of directors of dissolved corporation

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(a) Directors of a dissolved corporation shall cause the dissolved corporation to discharge or make reasonable provision for the payment of claims and make distributions of assets to shareholders after payment of or provision for claims.

(b) Directors of a dissolved corporation which has disposed of claims under section 33-886, 33-887 or 33-887a shall not be liable for breach of subsection (a) of this section with respect to claims against the dissolved corporation that are barred or satisfied under section 33-886, 33-887 or 33-887a.

(P.A. 03-18, S. 32.)

History: P.A. 03-18 effective July 1, 2003.

The obligations of a director of a dissolved corporation under section apply when, at the time of dissolution, plaintiff's claim had not been disposed of, but rather had been filed in small claims court and was disputed by defendant. 157 CA 297.

Secs. 33-888 and 33-889. Reserved for future use.

(B)

ADMINISTRATIVE DISSOLUTION

Notes of Decisions
Cited in 1 case, 2015–2015 · leading case: Zuvic, Carr & Assocs., Inc. v. Morande Bros., 116 A.3d 358 (Conn. App. Ct. 2015).
Zuvic, Carr & Assocs., Inc. v. Morande Bros., 116 A.3d 358 (Conn. App. Ct. 2015). · cites it 33× “, but rejected the plaintiff’s claim that the defendant individually breached his duty as a director of that corporation under General Statutes § 33-887b (a). The plaintiff claims that the court erred in determining that § 33-887b (a) did not apply in the circumstances of this…”
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