North Dakota Statutes
§ 45-22-15 — Limited liability after dissolution
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
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 45-22-15 (Limited liability after dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 45-10.2-01
(101) Citation§ 45-10.2-02
(102) Definitions§ 45-10.2-03
(1206) Application to existing relationships§ 45-10.2-04
(1207) Savings clause§ 45-10.2-06
(103) Knowledge and notice§ 45-10.2-06.1
Reservation of legislative right§ 45-10.2-07
(104) Nature, purpose, and duration of entity§ 45-10.2-08
(105) General powers§ 45-10.2-09
(106 and 107) Governing law§ 45-10.2-100
(1106) Merger§ 45-10.2-102
(1108) Articles of merger§ 45-10.2-103
(1109) Effect of merger