Not less than 20 days prior to the filing of articles of dissolution with the Department, the corporation shall mail notice that dissolution of the corporation has been approved to all its known creditors at their addresses as shown on the records of the corporation and to its employees, either at their home addresses as shown on the records of the corporation, or at their business addresses.

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1983, c. 332; Acts 1988, c. 680.

Formerly Art. 23, § 76.