§ 25-21,136.Dissolved corporation; trustees; appointment.

Ouster of a corporation does not end the story — someone still has to wind up its affairs, collect what it is owed, and pay what it owes. Section 25-21,136 starts that process. Once a corporation is ousted and dissolved by proceedings authorized under this article, the court appoints three disinterested persons as trustees of the creditors and stockholders.

Requiring three trustees, and requiring them to be disinterested, builds a check into the winding-up process from the outset: no single person controls the dissolved corporation’s remaining assets, and no one with a personal stake in the outcome sits in the trustee’s chair. The sections that follow spell out what those trustees must do — post bond, inventory the corporation’s assets, and collect its debts and property — before any remaining surplus reaches the people entitled to it.