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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A limited partnership that has failed to deliver for filing a registration pursuant to the requirements ofsection 321.0210, or whose agent resigned pursuant tosection 321.0116, subdivision 1, and the resignation has been effective for 30 days without a new agent being appointed by the limited partnership, must be dissolved by the secretary of state as described in this section.
(b) The secretary of state must attempt to provide notice of dissolution to each limited partnership whose agent resigned pursuant tosection 321.0116, subdivision 1, if the resignation of the agent has been effective for 30 days without a new agent being appointed by the limited partnership. If the limited partnership has not appointed a new agent within 30 days after the secretary of state attempted to provide notice to the limited partnership, or if the limited partnership has not filed the delinquent registration, the secretary of state must issue a certificate of administrative dissolution and the certificate must be filed in the Office of the Secretary of State. The secretary of state must also make available in an electronic format the names of the administratively dissolved limited partnerships.
(c) A limited partnership administratively dissolved continues its existence but may carry on only activities necessary to wind up its activities and liquidate its assets undersections 321.0803and321.0812and to notify claimants undersections 321.0806and321.0807.
(d) The administrative dissolution of a limited partnership does not terminate the authority of its agent for service of process, if any.
Cite this article: FindLaw.com - Minnesota Statutes Business, Social, and Charitable Organizations (Ch. 300-323A) § 321.0809. Administrative dissolution - last updated January 01, 2025 | https://codes.findlaw.com/mn/business-social-and-charitable-organizations-ch-300-323a/mn-st-sect-321-0809/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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