Massachusetts § 64 - Administrative dissolution; grounds; notice; wind up and liquidation of affairs
Full text of Massachusetts Massachusetts General Laws § 64 — Administrative dissolution; grounds; notice; wind up and liquidation of affairs, with citation guidance and answers to common questions.
§ 64. Administrative dissolution; grounds; notice; wind up and liquidation of affairs
Section 64. (a) The state secretary may commence a proceeding to dissolve a limited partnership if:
(1) the limited partnership has failed for 2 consecutive years to comply with the laws requiring the filing of annual reports; or
(2) he is satisfied that the limited partnership has become inactive and its dissolution would be in the public interest.
(b) If the state secretary determines that grounds exist under subsection (a), he shall serve the limited partnership with written notice of his determination. The notice shall be sent to the address of the office in the commonwealth required by clause (1) of section 4. If, within 90 days after the notice, the limited partnership fails to correct each ground for dissolution or fails to demonstrate to the reasonable satisfaction of the state secretary that each ground determined by the state secretary does not exist, the state secretary shall administratively dissolve the limited partnership.
(c) A limited partnership administratively dissolved continues in existence but shall not carry on any business except that necessary to wind up and liquidate its affairs.
Frequently Asked Questions About Massachusetts § 64
What does Massachusetts General Laws § 64 cover?
Section 64 ("Administrative dissolution; grounds; notice; wind up and liquidation of affairs") is part of the Massachusetts General Laws, the codified statutory law of Massachusetts. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Massachusetts § 64?
A common citation format is "Massachusetts General Laws § 64" (Massachusetts). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Massachusetts law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Massachusetts official source linked on this page or consult a licensed Massachusetts attorney.
How does Massachusetts § 64 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Massachusetts can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Massachusetts.