State Codes and Statutes
Statutes > Maryland > Corporations-and-associations > Title-9a > Subtitle-7 > 704§ 9A-704. Statement of dissociation.
(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.
[1997, ch. 654, § 2; 1998, ch. 743, §§ 1, 3.]
