§ 35-12-1201 Nonjudicial dissolution
§ 35-12-1202 Judicial resolution
§ 35-12-1203 Repealed
§ 35-12-1204 Repealed
§ 35-12-1205 Winding up
§ 35-12-1211 Power of general partner and person dissociated as general partner to bind partnership after dissolution
§ 35-12-1212 Liability after dissolution of general partner and person dissociated as general partner to limited partnership, other general partners, and person dissociated as general partner
§ 35-12-1213 Known claims against dissolved limited partnership
§ 35-12-1214 Other claims against dissolved limited partnership
§ 35-12-1215 Liability of general partner and person dissociated as general partner when claim against limited partnership barred
§ 35-12-1216 Disposition of assets — when contributions required

Terms Used In Montana Code > Title 35 > Chapter 12 > Part 12 - Dissolution

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • 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.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201