501A.1204 - STATUTE OF LIMITATIONS.
501A.1204 STATUTE OF LIMITATIONS. The claim of a creditor or claimant against a dissolving cooperative is barred if the claim has not been enforced by initiating legal, administrative, or arbitration proceedings concerning the claim by two years after the date the notice of intent to dissolve is filed with the secretary.Section History: Recent Form
2005 Acts, ch 135, §88 Barring of claims, § 501A.1215