A. A dissolved corporation that has published a notice under § 13.1-908.1 may file an application with the circuit court of the city or county where the dissolved
corporation's principal office, or, if none in the Commonwealth, its registered office,
is or was last located for a determination of the amount and form of security to be
provided for payment of claims that are contingent or have not been made known to
the dissolved corporation or that are based on an event occurring after the effective
date of dissolution but that, based on the facts known to the dissolved corporation,
are reasonably estimated to arise after the effective date of dissolution. Provision need not be made for any claim that is or is reasonably anticipated to
be barred under subsection C of § 13.1-908.1.
B. Within 10 days after the filing of the application, notice of the proceeding shall
be given by the dissolved corporation to each claimant holding a contingent claim
whose contingent claim is shown on the records of the dissolved corporation.
C. The court may appoint a guardian ad litem to represent all claimants whose identities
are unknown in any proceeding brought under this section. The reasonable fees and expenses of such guardian, including all reasonable expert
witness fees, shall be paid by the dissolved corporation.
D. Provision by the dissolved corporation for security in the amount and the form
ordered by the court under subsection A shall satisfy the dissolved corporation's
obligations with respect to claims that do not meet the definition of a claim in subsection D of § 13.1-908, and such claims may not be enforced against a member who received assets in liquidation.
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