1.    A dissolved limited liability partnership that is winding up affairs may continue the limited liability partnership‘s status as a limited liability partnership through termination by continuing to file an annual report until termination.

Terms Used In North Dakota Code 45-22-14

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Partnership: includes a limited liability partnership registered under chapter 45-22. See North Dakota Code 1-01-49
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49

2.    When the dissolved limited liability partnership winds up affairs, the limited liability partnership shall file with the secretary of state a termination notice, together with the fees provided in section 45-22-22. The termination notice must:

a.    Contain:

(1) The name of the limited liability partnership.

(2) A statement the limited liability partnership dissolved and wound up affairs. (3) A statement the limited liability partnership is terminated.

b.    Be signed by one former managing partner who did not wrongfully dissolve the partnership or, in the case of a foreign limited liability partnership, by an authorized partner.