If, for any reason, a corporation is dissolved prior to an entry of judgment in any pending or inchoate suit filed against the corporation in any court of the Commonwealth, the litigation shall not become moot by virtue of such dissolution. However, once the dissolution of the corporation and the names of the trustees or receivers are stated on the file of the case, the suit against the corporation shall continue against them until entry of final and binding judgment, with prior notice to such trustees or receivers. If this method is not practical, such notice shall be made to the attorney representing them in the suit.
History —Dec. 16, 2009, No. 164, § 9.11.