Statement Of Dissolution Of A Partnership {UPA-121} | Pdf Fpdf Doc Docx | Virginia

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Statement Of Dissolution Of A Partnership {UPA-121} | Pdf Fpdf Doc Docx | Virginia

Last updated: 10/15/2020

Statement Of Dissolution Of A Partnership {UPA-121}

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Description

UPA-121 (07/03) COMMONWEALTH OF VIRGINIA STATE CORPORATION COMMISSION STATEMENT OF DISSOLUTION OF A PARTNERSHIP The undersigned presents this statement for filing pursuant to 50-73.121 of the Code of Virginia. (Note: This statement of dissolution may be filed by a partner who has not wrongfully dissociated.) 1. The name of the partnership is ________________________________________________________________________ ___. 2. The partnerships SCC ID number is _____________________________________________. 3. The partnership has dissolved and is winding up its business. The individual executing this document personally declares under penalty of perjury that the contents are accurate. ______________________________ ________________________________ ____________ (signature) (printed name) (date) INSTRUCTIONS ON THE REVERSE American LegalNet, Inc. www.USCourtForms.com<<<<<<<<<********>>>>>>>>>>>>> 2 INSTRUCTIONS The statement must be in the English language, typewritten or printed in black, legible and reproducible. See 50-73.83 of the Code of Virginia. The document must be presented on uniformly white, opaque paper, free of visible watermarks and background logos. You can download this form from our website at www.state.va.us/scc/division/clk/index.htm. This statement must be signed by at least one partner. Each person sign ing this statement must set forth his printed name next to or beneath his or her signature. A p erson signing on behalf of a partner that is a business entity should set forth the business entity s name, his or her printed name, and the capacity in which he or she is signing on behalf of the bu siness entity. The person who files this statement shall promptly send a copy of the statement to every nonfiling partner and to any other person named as a partner in the statement. Se e 50-73.83 E of the Code of Virginia. This statement of dissolution cancels the filed statement of partnership authority for the purposes of subsection D of 50-73.93 of the Code of Virginia and is a limitation on authority for the purposes of subsection E of 50-73.93 of the Code of Virginia. After 90 days from the filing of a statement of dissolution, a person th at is not a partner is deemed to have notice of the dissolution and the limitation on the partners auth ority as a result thereof for the purposes of 50-73.91 and 50-73.120 of the Code of Virginia. After the filing of a statement of dissolution, the dissolved partnershi p may file a statement of partnership authority which will operate with respect to a person not a partner as provided in subsections D and E of 50-73.93 of the Code of Virginia, in any transaction, whether or not the transaction is appropriate for winding up the partnership business. After dissolution, the partners may wind up the partnership business and terminate the partnership or they may choose to continue the business as if the dissolution had ne ver occurred as provided in 50-73.118 and 50-73.119 of the Code of Virginia. Submit the original, signed statement to the Clerk of the State Corporat ion Commission, P.O. Box st1197, Richmond, Virginia 23218-1197 (mailing address: 1300 East Main Street, Tyler Building, 1 Floor, Richmond, Virginia 23219), along with a check for the filing fee in the amount of $25.00, payable to the State Corporation Commission. PLEASE DO NOT SEND CASH. If you have any questions, please call (804) 371-9733 or toll-free in Virginia, 1-866-722-2551. American LegalNet, Inc. www.USCourtForms.com

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