Maine § 31 §1396 Known claims against dissolved limited partnership

Maine Statutes

§ 31 §1396 — Known claims against dissolved limited partnership

Maine § 31 §1396

Title 31PARTNERSHIPS AND ASSOCIATIONS

Ch. 19UNIFORM LIMITED PARTNERSHIP ACT

This text of Maine § 31 §1396 (Known claims against dissolved limited partnership) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 31, § 31 §1396 (2026).

Text

1.Dispose of known claims. A dissolved limited partnership may dispose of the known claims against it by following the procedure described in subsection 2.

2.Notice of dissolution. A dissolved limited partnership may notify its known claimants of the dissolution in a record. The notice must:

3.Claim barred. A claim against a dissolved limited partnership is barred if the requirements of subsection 2 are met and:

4.Claims or liability after dissolution. This section does not apply to a claim based on an event occurring after the effective date of dissolution or a liability that is contingent on that date.

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1.
Dispose of known claims.
A dissolved limited partnership may dispose of the known claims against it by following the procedure described in subsection 2.
2.
Notice of dissolution.
A dissolved limited partnership may notify its known claimants of the dissolution in a record. The notice must:
3.
Claim barred.
A claim against a dissolved limited partnership is barred if the requirements of subsection 2 are met and:
4.
Claims or liability after dissolution.
This section does not apply to a claim based on an event occurring after the effective date of dissolution or a liability that is contingent on that date.