Statement of dissolution.

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(1) After dissolution, a partner who has not wrongfully dissociated may deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title, a statement of dissolution stating the true name of the partnership, the principal office address of the principal office of the partnership, and that the partnership has dissolved and is winding up its business.

  1. A statement of dissolution cancels a filed statement of partnership authority for purposes of section 7-64-303 (3) and is a limitation on authority for purposes of section 7-64-303 (4).

  2. For purposes of sections 7-64-301 and 7-64-804, a person not a partner has notice ofthe dissolution and the limitation on the partners' authority as a result of the statement of dissolution ninety days after it is filed in the records of the secretary of state.

  3. Notwithstanding dissolution or the filing or recording of a statement of dissolution, apartnership may deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title, and, if appropriate, record a statement of partnership authority that will operate with respect to a person not a partner as provided in section 7-64-303 (3) and (4) in any transaction, whether or not the transaction is appropriate for winding up the partnership business.

Source: L. 97: Entire article added, p. 893, § 1, effective January 1, 1998. L. 2000: (1) amended, p. 956, § 33, effective July 1. L. 2002: (1) and (4) amended, p. 1826, § 57, effective July 1; (1) and (4) amended, p. 1691, § 55, effective October 1. L. 2003: (1) and (3) amended, p. 2254, § 161, effective July 1, 2004. L. 2004: (1), (2), and (4) amended, p. 1452, § 161, effective July 1. L. 2006: (2) amended, p. 851, § 12, effective July 1.


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