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Kentucky · Snapshot 09/05/2026

KRS 362.1-805: Statement of dissolution.

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Where this section sits in the code

    (1) After dissolution, a partner who has not wrongfully dissociated may file a statement

    of dissolution stating the name of the partnership, that the partnership has dissolved

    and is winding up its business, and the date of dissolution.

    (2) A statement of diss olution cancels a filed statement of partnership authority for the

    purposes of KRS 362.1 -303(4) and is a limitation on authority for the purposes of

    KRS 362.1-303(5).

    (3) For the purposes of KRS 362.1-301 and 362.1-804, a person not a partner has notice

    of the dissolution and the limitation on the partners' authority as a result of the

    statement of dissolution ninety (90) days after it is filed.

    (4) After filing a statement of dissolution, a dissolved partnership may file and, if

    appropriate, record a state ment of partnership authority which will operate with

    respect to a person not a partner as provided in KRS 362.1 -303(4) and (5) in any

    transaction, whether or not the transaction is appropriate for winding up the

    partnership business.

    Collected 2026-09-05T20:58:57Z. Source file · JSON

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