{"data":{"id":"us-vt/11-v.s.a.-3275","jurisdiction":"us-vt","citation":"11 V.S.A. § 3275","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 subsection 3223(d) of this title, and is a limitation on authority for the purposes of subsection 3223(e) of this title.\n(c) For the purposes of sections 3221 and 3274 of this title, 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 subsections 3223(d) and (e) of this title in any transaction, whether or not the transaction is appropriate for winding up the partnership business.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 022: Partnerships","Subchapter 008: WINDING UP PARTNERSHIP BUSINESS"],"source_url":"https://legislature.vermont.gov/statutes/section/11/022/03275","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:00:21Z","sha256":"dfc335a6eb65a32cb3b26197c0e203ac0aa1657484ea71048d3768d5501cb226","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-3274","next":"us-vt/11-v.s.a.-3276"},"notice":"GroundRules: Original legal text. Not legal advice."}