North Dakota Statutes

§ 45-20-05 — (805) Statement of dissolution

North Dakota § 45-20-05
JurisdictionNorth Dakota
Title 45Partnerships
Ch. 45-20Winding Up Partnership Business

This text of North Dakota § 45-20-05 ((805) Statement of dissolution) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 45-20-05 (2026).

Text

1.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.
2.A statement of dissolution cancels a filed statement of partnership authority for the purposes of subsection 3 of section 45-15-03.
3.For the purposes of sections 45-15-01 and 45-20-04, 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 ninety days after it is filed.
4.After filing and, if appropriate, recording a statement of dissolution, a dissolved partnership may file and, if appropriate, record a statement of partnership authority which will operate with respect to a pe

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Bluebook (online)
North Dakota § 45-20-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/45-20-05.