LD 1609
pg. 108
Page 107 of 146 PUBLIC Law Chapter 543 Page 109 of 146
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LR 1469
Item 1

 
A.__The domestic limited partnership does not pay when they
are due any fees or penalties imposed by this chapter or
other law;

 
B.__The domestic limited partnership does not deliver its
annual report to the Secretary of State as required by
section 1330, subsection 1;

 
C.__The domestic limited partnership does not pay the annual
report late filing penalty as required by section 1330,
subsection 3;

 
D.__The domestic limited partnership fails to appoint or
maintain a registered agent or registered office in this
State as required by section 1314;

 
E.__The domestic limited partnership does not notify the
Secretary of State that its registered agent or registered
office has been changed as required by section 1315 or that
its registered agent has resigned as required by section
1316; or

 
F.__A general partner, limited partner or agent of the
domestic limited partnership signed a document with the
knowledge that the document was false in a material respect
and with the intent that the document be delivered to the
Secretary of State for filing.

 
2.__Procedure for administrative dissolution of domestic
limited partnership.__If the Secretary of State determines that
one or more grounds exist under subsection 1 for dissolving a
domestic limited partnership, the Secretary of State shall issue
a written notice of that determination to the limited
partnership's last registered office address.

 
3.__Administrative dissolution.__The domestic limited
partnership will be administratively dissolved if within 60 days
after the notice under subsection 2 was issued the Secretary of
State determines that the limited partnership has failed to
correct the ground or grounds for the dissolution. The Secretary
of State shall send notice to the limited partnership at its last
registered office address that recites the ground or grounds for
dissolution and the effective date of dissolution.

 
4.__Effect of administrative dissolution; prohibition.__A
domestic limited partnership administratively dissolved under
this section continues its existence but may not transact any
business in this State except as necessary to wind up the affairs
of the limited partnership.


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