Pennsylvania Statutes

§ 8242 — Other claims against dissolved limited liability partnership

Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART III·Ch. 82 LIMITED LIABILITY PARTNERSHIPS AND·Subch. DISSOLUTION
(a)Permissive notice.--A dissolved limited liability partnership may publish notice of its dissolution and request persons having claims against the partnership to present them in accordance with the notice.
(b)Notice procedure.--A notice under subsection (a) must:
(1)be officially published one time;
(2)describe the information required to be contained in a claim, state that the claim must be in writing and provide a mailing address to which the claim is to be sent;
(3)state that a claim against the partnership is barred unless an action to enforce the claim is commenced within two years after publication of the notice; and
(4)unless the partnership has been throughout its existence a limited liability partnership, state that the barring of a claim against the partnership will

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Legislative History

Cross References.Section 8242 is referred to in sections 8231, 8243 of this title.

Nearby Sections

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