Code of Virginia - Title 50 Partnerships - Section 50-73.13 (Repealed effective April 1, 2009) Cancellation of certificate

§ 50-73.13. (Repealed effective April 1, 2009) Cancellation of certificate

A. A certificate of limited partnership shall be canceled upon the dissolution and when all debts, liabilities, and obligations of the limited partnership have been paid and discharged or reasonably adequate provision therefor has been made, and all of the remaining property and assets of the limited partnership have been distributed to the partners.

B. When the affairs of a limited partnership have been wound up, it shall file a certificate of cancellation with the Commission setting forth:

1. The name of the limited partnership;

2. The date of filing of its initial certificate of limited partnership;

3. The reason for filing the certificate of cancellation; and

4. Any other information the persons filing the certificate determine to include therein.

C. Upon the effective date and time of a certificate of cancellation as provided by § 50-73.17, the certificate of limited partnership shall be canceled.

(1985, c. 607; 1990, c. 343; 1993, c. 292; 2007, c. 631.)

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Last modified: April 16, 2009