{"data":{"id":"us-ia/iowa-code-486a.805","jurisdiction":"us-ia","citation":"Iowa Code § 486A.805","heading":"Statement of dissolution.","body":"1. 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.\n2. A statement of dissolution cancels a filed statement of partnership authority for the purposes of section 486A.303, subsection 4, and is a limitation on authority for the purposes of section 486A.303, subsection 5.\n3. For the purposes of sections 486A.301 and 486A.804, 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 ninety days after it is filed.\n4. 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 486A.303, subsections 4 and 5, in any transaction, whether or not the transaction is appropriate for winding up the partnership business.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 486A - UNIFORM PARTNERSHIP ACT","Article 8 - WINDING UP PARTNERSHIP BUSINESS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/486A.805.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"388f791fe85e1e765462e5810eba41e10a1394c697b665601b4b75c64af84420","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-486a.804","next":"us-ia/iowa-code-486a.806"},"notice":"GroundRules: Original legal text. Not legal advice."}