Montana Statutes

§ 35-10-622 — Statement Of Dissociation -- Filing

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 10 PARTNERSHIPS IN GENERAL·Part 6 Dissolution and Winding Up

35-10-622 . Statement of dissociation -- filing.

(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)If a statement of dissociation is filed, the statement must be filed with the same entity with which the original partnership agreement was filed.
(3)A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of 35-10-310 (4) and (5).
(4)For the purposes of 35-10-301 , 35-10-620 , and 35-10-621 (2), a person who is not a partner is considered to have notice of the dissociation 90 days after the statement of dissociation is filed.

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Legislative History

En. Sec. 42, Ch. 238, L. 1993; amd. Sec. 13, Ch. 71, L. 2005.

Nearby Sections

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