South Dakota Statutes
§ 48-7A-704 — Statement of dissociation.
(a)A dissociated partner or the partnership may file a statement of dissociation in the Office of the Secretary of State stating the name of the partnership and that the partner is dissociated from the partnership.
(b)A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of subsections 48 - 7A - 303(d) and (e).
(c)For the purposes of subsections 48 - 7A - 702(a)(3) and 48 - 7A - 703(b)(3), a person not a partner is deemed to have notice of the dissociation ninety days after the statement of dissociation is filed.
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South Dakota § 48-7A-704 (Statement of dissociation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2001, ch 249, § 704.
Nearby Sections
15
§ 48-7-1001
Right of action.§ 48-7-1002
Proper plaintiff.§ 48-7-1003
Pleading.§ 48-7-1004
Expenses.§ 48-7-101
Definitions.§ 48-7-102
Name.§ 48-7-103
Reservation of name.§ 48-7-104
Specified office and agent.§ 48-7-105
Records to be kept.§ 48-7-106
Nature of business.§ 48-7-1101
Construction and application.§ 48-7-1102
Short title.§ 48-7-1103
Severability.