2013 Maryland Code
CORPORATIONS AND ASSOCIATIONS
§ 9A-805 - Statement of dissolution


MD Corp & Assn Code § 9A-805 (2013) What's This?

(a) Filing. -- After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution stating the name of the partnership and that the partnership has dissolved and is winding up its business.

(b) Effect of filing on statement of partnership. -- A filed statement of dissolution cancels a filed statement of partnership authority for the purposes of § 9A-303(c) of this title and is a limitation on authority for the purposes of § 9A-303(d) of this title.

(c) Notice. -- For the purposes of § 9A-301 of this title and § 9A-804 of this subtitle, a person not a partner is deemed to have notice of the dissolution and the limitation on the partners' authority as a result of the statement of dissolution 90 days after it is filed.

(d) Statement of partnership authority. -- After filing a statement of dissolution, a dissolved partnership may file a statement of partnership authority which will operate with respect to a person not a partner as provided in § 9A-303(c) and (d) of this title in any transaction, whether or not the transaction is appropriate for winding up the partnership business.

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