486A.704 Statement of dissociation.
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/ia/chapter-486a-uniform-partnership-act/486a-704·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. 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.
2. A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of section 486A.303, subsections 4 and 5.
3. For the purposes of section 486A.702, subsection 1, paragraph “c”, and section 486A.703, subsection 2, paragraph “c”, a person not a partner is deemed to have notice of the dissociation ninety days after the statement of dissociation is filed.
98 Acts, ch 1201, §36, 79, 82
Referred to in §486A.101, 486A.303, 486A.702, 486A.703