North Dakota § 45-22-15 Limited liability after dissolution

North Dakota Statutes

§ 45-22-15 — Limited liability after dissolution

North Dakota § 45-22-15

Title 45Partnerships

Ch. 45-22Limited Liability Partnerships

This text of North Dakota § 45-22-15 (Limited liability after 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 § 45-22-15 (2026).

Text

With respect to limited liability after dissolution:

1.Subject to section 45-22-14, the limited liability shield described in sections 45-22-08.1 and 45-22-09 continues in full force for the dissolved domestic limited liability partnership regardless of any dissolution, winding up, and termination.

2.If a domestic limited liability partnership dissolves and the domestic limited liability partnership's business is continued by a successor partnership under section 45-20-02, the limited liability described in section 45-22-08.1 also applies to that successor domestic limited liability partnership until the withdrawal of the registration that the dissolved domestic limited liability partnership had in effect under section 45-22-03 at the moment of dissolution. The successor partnership may

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With respect to limited liability after dissolution:
1. Subject to section 45-22-14, the limited liability shield described in sections 45-22-08.1
and 45-22-09 continues in full force for the dissolved domestic limited liability
partnership regardless of any dissolution, winding up, and termination.
2. If a domestic limited liability partnership dissolves and the domestic limited liability
partnership's business is continued by a successor partnership under section
45-20-02, the limited liability described in section 45-22-08.1 also applies to that
successor domestic limited liability partnership until the withdrawal of the registration
that the dissolved domestic limited liability partnership had in effect under section
45-22-03 at the moment of dissolution. The successor partnership may at any time file
the partnership's own registration under section 45-22-03.