On the dissolution and the commencement of the winding up of a limited partnership,a(n)________ must be filed by the limited partnership with the secretary of state of the state in which the limited partnership is organized.

Question

Quizplus · Accepted Answer

Upon the dissolution and commencement of winding up of a limited partnership, the limited partnership must file a certificate of cancellation with the secretary of state of the state in which the limited partnership is organized. This certificate legally terminates the existence of the limited partnership. Option A is incorrect because a termination statement is used to end a UCC financing statement. Option B is incorrect because a renunciation statement is not a filing required for the dissolution and winding up of a limited partnership. Option D is incorrect because annulment is not a filing required for the dissolution and winding up of a limited partnership.

On the Dissolution and the Commencement of the Winding Up