N.J. Stat. § 42:1A-43
Statement of dissolution, effects of filing
New Jersey · New Jersey Statutes Title 42 — Partnerships and Partnership Associations · Status: effective
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- N.J. Stat. § 42:1A-43, Statement of dissolution, effects of filing, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1470168
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43. a. After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution stating the name of the partnership and that the partnership has dissolved and is winding up its business.
b. A statement of dissolution cancels a filed statement of partnership authority for the purposes of subsection d. of section 15 of this act and is a limitation on authority for the purposes of subsection e. of section 15 of this act.
c. For the purposes of sections 13 and 42 of this act, a person not a partner is deemed to have notice of the dissolution and the limitation on the partners' authority as a result of the statement of dissolution 90 days after it is filed.
d. After filing and, if appropriate, recording a statement of dissolution, a dissolved partnership may file and, if appropriate, record a statement of partnership authority which will operate with respect to a person not a partner as provided in subsections e. and f. of section 15 of this act in any transaction, whether or not the transaction is appropriate for winding up the partnership business.