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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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CORPORATIONS AND ASSOCIATIONS |
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TITLE 9A. MARYLAND REVISED UNIFORM PARTNERSHIP ACT |
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SUBTITLE 7. PARTNER'S DISSOCIATION WHEN BUSINESS NOT WOUND UP |
§ 9A-704. Statement of dissociation
Latest version.
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(a) Filing. -- A dissociated partner or the partnership may file a statement of dissociation stating the name of the partnership and that the partner is dissociated from the partnership.
(b) Effect of filing on scope of authority. -- A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of § 9A-303(c) and (d) of this title.
(c) Notice. -- For the purposes of § 9A-702(a)(3) and 9A-703(b)(3) of this subtitle, a person not a partner is deemed to have notice of the dissociation 90 days after the statement of dissociation is filed.