LD 1609
pg. 52
Page 51 of 146 PUBLIC Law Chapter 543 Page 53 of 146
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LR 1469
Item 1

 
certificate of limited partnership that states that the other
person has dissociated or 90 days after the effective date of
a statement of dissociation pertaining to the other person,
whichever occurs first;

 
B.__A limited partnership's dissolution 90 days after the
effective date of an amendment to the certificate of limited
partnership stating that the limited partnership is
dissolved;

 
C.__A limited partnership's termination 90 days after the
effective date of a statement of termination;

 
D.__A limited partnership's conversion under subchapter 11
90 days after the effective date of the articles of
conversion; or

 
E.__A merger under subchapter 11 90 days after the effective
date of the articles of merger.

 
5.__Notifies or gives notification.__A person notifies or
gives a notification to another person by taking steps reasonably
required to inform the other person in ordinary course, whether
or not the other person learns of it.

 
6.__Receives notification.__A person receives a notification
when the notification:

 
A.__Comes to the person's attention; or

 
B.__Is delivered at the person's place of business or at any
other place held out by the person as a place for receiving
communications.

 
7.__Person other than individual; reasonable diligence.__
Except as otherwise provided in subsection 8, a person other than
an individual knows, has notice or receives a notification of a
fact for purposes of a particular transaction when the individual
conducting the transaction for the person knows, has notice or
receives a notification of the fact or in any event when the fact
would have been brought to the individual's attention if the
person had exercised reasonable diligence. A person other than an
individual exercises reasonable diligence if it maintains
reasonable routines for communicating significant information to
the individual conducting the transaction for the person and
there is reasonable compliance with the routines. Reasonable
diligence does not require an individual acting for the person to
communicate information unless the communication is part of the
individual's regular duties or the individual has reason to know


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