{"data":{"id":"us-il/805-ilcs-206-805","jurisdiction":"us-il","citation":"805 ILCS 206/805","heading":"Statement of dissolution.","body":"(a) 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.\n(b) A statement of dissolution cancels a filed statement of partnership authority for the purposes of Section 303(d) and is a limitation on authority for the purposes of Section 303(e).\n(c) For the purposes of Sections 301 and 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 90 days after it is filed.\n(d) 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 303(d) and (e) in any transaction, whether or not the transaction is appropriate for winding up the partnership business.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","Uniform Partnership Act (1997)."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2292\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"57c1a71121886eaf9e72978770a93c2c941fe1ea750b014688cc92c64873a5fe","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-206-804","next":"us-il/805-ilcs-206-806"},"notice":"GroundRules: Original legal text. Not legal advice."}