Except as otherwise provided in subsection (d), a dissolved limited partnership may give notice of a known claim under subsection (b), which has the effect provided in subsection (c).
A dissolved limited partnership may in a record notify its known claimants of the dissolution. The notice must:
A claim against a dissolved limited partnership is barred if the requirements of subsection (b) are met and:
The claim is not received by the specified deadline; or
If the claim is timely received but rejected by the partnership:
The partnership causes the claimant to receive a notice in a record stating that the claim is rejected and will be barred unless the claimant commences an action against the partnership to enforce the claim not later than ninety (90) days after the claimant receives the notice; and
The claimant does not commence the required action not later than ninety (90) days after the claimant receives the notice.
This section does not apply to a claim based on an event occurring after the date of dissolution or a liability that on that date is contingent.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 14 - Mississippi Uniform Limited Partnership Act
Article 8 - Dissolution and Winding Up
§ 79-14-801. Events causing dissolution
§ 79-14-803. Rescinding dissolution
§ 79-14-804. Power to bind partnership after dissolution
§ 79-14-806. Known claims against dissolved limited partnership
§ 79-14-807. Other claims against dissolved limited partnership
§ 79-14-808. Court proceedings
§ 79-14-810. Disposition of assets in winding up; when contributions required