Statement of dissociation

Checkout our iOS App for a better way to browser and research.

  • (a) A dissociated partner or the partnership may file a statement of dissociation stating the name of the partnership and that the partner is dissociated from the partnership.

  • (b) A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of section 43, subsections (d) and (e) of this chapter.

  • (c) For the purposes of sections 142, subsection (a), item (3) of this chapter and section 143, subsection (b), item (3) of this chapter, a person not a partner is deemed to have notice of the dissociation 90 days after the statement of dissociation is filed.


Download our app to see the most-to-date content.