N.M. Stat. § 54-1A-704

Statement of dissociation.

Last amended: 1996Year: 2026Length: 93 wordsSubsections: 3Official source
(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 Section 303(d) and (e) [54-1A-303(d) and (e) NMSA 1978]. (c) For the purposes of Sections 702(a)(3) [54-1A-702(a)(3) NMSA 1978] and 703(b)(3) [54-1A-703(b)(3) NMSA 1978], a person not a partner is deemed to have notice of the dissociation ninety days after the statement of dissociation is filed.
N.M. Stat. § 54-1A-704: Statement of dissociation. | Justis AI