South Dakota Statutes

§ 48-7A-805 — Statement of dissolution.

South Dakota § 48-7A-805
JurisdictionSouth Dakota
Title 48PARTNERSHIPS
Ch. 48-7UNIFORM PARTNERSHIP ACT

This text of South Dakota § 48-7A-805 (Statement of dissolution.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 48-7A-805 (2026).

Text

(a)After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution in the Office of the Secretary of State stating the name of the partnership and that the partnership has dissolved and is winding up its business.
(b)A statement of dissolution cancels a filed statement of partnership authority for the purposes of subsection 48 - 7A - 303(d) and is a limitation on authority for the purposes of subsection 48 - 7A - 303(e).
(c)For the purposes of §§ 48 - 7A - 301 and 48 - 7A - 804, 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.
(d)After filing and, if appropriate, recording a statement of dissolution, a dissolved p

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

SL 2001, ch 249, § 805.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
South Dakota § 48-7A-805, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/48-7A-805.