Statement of Dissociation

Ala. Code § 10A-8A-7.04, under Person’s Dissociation as a Partner When Business or Not for Profit Activity Not Wound Up.

Ala. Code § 10A-8A-7.04

(a) A person dissociated as a partner or the partnership may file a statement of dissociation stating the name of the partnership and that the person is dissociated as a partner from the partnership. (b) A statement of dissociation is a limitation on the authority of a person dissociated as a partner for the purposes of Section 10A-8A-3.03. (Act 2018-125, §7.)