Code of Virginia § 50-73.115. Statement of dissociation.
153 words·~1 min read·
/va/title-50/chapter-2-2/50-73-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A dissociated partner named as a partner in a filed statement of partnership authority or in a list maintained by an agent pursuant to subsection B of § 50-73.93 or a partnership that has filed a statement of partnership authority that has not been canceled may file a statement of dissociation stating the name of the partnership, the identification number issued by the Commission to 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 subsections D and E of § 50-73.93 .
C. For the purposes of subdivision A 3 of § 50-73.113 and subdivision B 3 of § 50-73.114 , a person not a partner is deemed to have notice of the dissociation 90 days after the statement of dissociation is filed.
1996, c. 292 ; 2003, c. 567 .