1. (1) A limited cooperative association that has dissolved or is about to dissolve may deliver to the division for filing a statement of dissolution that states:

   1. (a) the name of the association;
   2. (b) the date the association dissolved or will dissolve; and
   3. (c) any other information the association considers relevant.

2. (2) A person has notice of a limited cooperative association's dissolution on the later of:

   1. (a) 90 days after a statement of dissolution is filed; or
   2. (b) the effective date stated in the statement of dissolution.

Enacted by Chapter 363, 2008 General Session