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Arkansas Code Title 4. Business and Commercial Law § 4-46-704. Statement of dissociation

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) A dissociated partner or the partnership may file a statement of dissociation stating:

(1) The name of the partnership;

(2) The name and mailing address of the dissociated partner;

(3) That the partner is dissociated from the partnership; and

(4) The date the dissociation is effective.

(b) A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of § 4-46-303(d) and (e).

(c) For the purposes of §§ 4-46-702(a)(3) and 4-46-703(b)(3), a person not a partner is deemed to have notice of the dissociation ninety (90) days after the statement of dissociation is filed.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-46-704. Statement of dissociation - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-46-704/

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