KRS 362.1-805: Statement of dissolution.
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