Delaware Statutes

§ 15-704 — Statement of dissociation

Delaware·Title 6·Ch. 15 DELAWARE REVISED UNIFORM PARTNERSHIP ACT·Subch. Partner’s Dissociation When Business or Affairs Not Wound Up
(a)A dissociated partner or, after the filing by the partnership of a statement of partnership existence, 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 § 15-303(b) and (c) of this title.
(c)For the purposes of §§ 15-702(a)(3) and 15-703(b)(3) of this title, a person not a partner is deemed to have notice of the dissociation 60 days after the statement of dissociation is filed.

Free access — add to your briefcase to read the full text and ask questions with AI

Delaware § 15-704 (Statement of dissociation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

72 Del. Laws, c. 151, § 1

Nearby Sections

15
View on official source ↗