56a-704. Statement of dissociation. (a) 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) A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of subsection (d) and (e) of K.S.A. 56a-303.
(c) For the purposes of subsection (a)(3) of K.S.A. 56a-702 and subsection (b)(3) of K.S.A. 56a-703, a person not a partner is deemed to have notice of the dissociation 90 days after the statement of dissociation is filed.
History: L. 1998, ch. 93, ยง 36; Jan. 1, 1999.
Structure Kansas Statutes
Chapter 56a - Kansas Uniform Partnership Act
Article 7 - Partner's Dissociation When Business Not Wound Up
56a-701 Purchase of dissociated partner's interest.
56a-702 Dissociated partner's power to bind and liability to partnership.
56a-703 Dissociated partner's liability to other persons.