(a) A dissociated partner or the partnership may file a statement of dissociation stating:
(1) The name of the partnership;
(2) The name and mailing address of the dissociated partner;
(3) That the partner is dissociated from the partnership; and
(4) The date the dissociation is effective.
(b) A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of § 4-46-303(d) and (e).
(c) For the purposes of §§ 4-46-702(a)(3) and 4-46-703(b)(3), a person not a partner is deemed to have notice of the dissociation ninety (90) days after the statement of dissociation is filed.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 46 - Uniform Partnership Act (1996)
Subchapter 7 - Partner's Dissociation When Business Not Wound Up
§ 4-46-701. Purchase of dissociated partner's interest
§ 4-46-702. Dissociated partner's power to bind and liability to partnership
§ 4-46-703. Dissociated partner's liability to other persons