A partner or other person named as a partner in a filed statement of partnership authority or in a list maintained by an agent pursuant to Section 303(b) [54-1A-303(b) NMSA 1978] may file a statement of denial stating the name of the partnership and the fact that is being denied, which may include denial of a person's authority or status as a partner. A statement of denial is a limitation on authority as provided in Section 303(d) and (e) [54-1A-303(d) and (e) NMSA 1978].
History: Laws 1996, ch. 53, ยง 304.
Structure New Mexico Statutes
Article 1A - Uniform Partnerships
Article 3 - Relations of Partners to Persons Dealing with Partnership.
Section 54-1A-301 - Partner agent of partnership.
Section 54-1A-302 - Transfer of partnership property.
Section 54-1A-303 - Statement of partnership authority.
Section 54-1A-304 - Statement of denial.
Section 54-1A-305 - Partnership liable for partner's actionable conduct.
Section 54-1A-306 - Partner's liability.
Section 54-1A-307 - Actions by and against partnership and partners.