(a) A dissociated partner or the partnership may file a statement of dissociation stating: (1) The name of the partnership;(2) The name and mailing address of the dissociated partner;(3) That the partner is dissociated from the partnership; and(4) The date the dissociation is effective.(b) A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of § 4-46-303(d) and (e).(c) For the purposes of §§ 4-46-702(a)(3) and 4-46-703(b)(3), a person not a partner is deemed to have notice of the dissociation 90 days after the statement of dissociation is filed.Acts 1999, No. 1518, § 704.
Arkansas Legal Code