Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
323A.0805 STATEMENT OF DISSOLUTION.
(a) After dissolution, a partner who has not wrongfully dissociated may file a statement
of dissolution stating the name of the partnership and that the partnership has dissolved and
is winding up its business.
(b) A filed statement of dissolution cancels a filed statement of partnership authority for the
purposes of section 323A.0303(d)(1) and, if recorded, is a limitation on authority for the purposes
of sections 323A.0303(d)(2) and 323A.0303(e).
(c) For the purposes of sections 323A.0301 and 323A.0804, 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 90 days after it is filed.
(d) After filing and, if appropriate, recording a statement of dissolution, a dissolved
partnership may file and, if appropriate, record a statement of partnership authority which will
operate with respect to a person not a partner as provided in section 323A.0303(d) and (e) in any
transaction, whether or not the transaction is appropriate for winding up the partnership business.
History: 1997 c 174 art 8 s 42
(a) After dissolution, a partner who has not wrongfully dissociated may file a statement
of dissolution stating the name of the partnership and that the partnership has dissolved and
is winding up its business.
(b) A filed statement of dissolution cancels a filed statement of partnership authority for the
purposes of section 323A.0303(d)(1) and, if recorded, is a limitation on authority for the purposes
of sections 323A.0303(d)(2) and 323A.0303(e).
(c) For the purposes of sections 323A.0301 and 323A.0804, 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 90 days after it is filed.
(d) After filing and, if appropriate, recording a statement of dissolution, a dissolved
partnership may file and, if appropriate, record a statement of partnership authority which will
operate with respect to a person not a partner as provided in section 323A.0303(d) and (e) in any
transaction, whether or not the transaction is appropriate for winding up the partnership business.
History: 1997 c 174 art 8 s 42
Official Publication of the State of Minnesota
Revisor of Statutes