When a corporation is dissolved voluntarily, its assets can be liquidated without notice to its creditors.

Name: When a corporation is dissolved voluntarily, its assets can be liquidated without notice to its creditors.
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When a corporation is voluntarily dissolved, it must notify its creditors and settle its debts, which may include liquidating assets to pay off those debts, according to the laws governing corporate dissolution.

When a Corporation Is Dissolved Voluntarily, Its Assets Can Be