Tennessee § 61-3-803 - Rescinding dissolution.
Full text of Tennessee Tennessee Code Annotated § 61-3-803 — Rescinding dissolution., with citation guidance and answers to common questions.
§ 61-3-803. Rescinding dissolution.
A limited partnership may rescind its dissolution, unless a statement of termination applicable to the partnership has become effective, the court of record has entered an order under § 61-3-801(a)(6) dissolving the partnership, or the secretary of state has dissolved the partnership under § 61-3-811. Rescinding dissolution under this section requires: The affirmative vote or consent of each partner; and If the limited partnership has delivered to the secretary of state for filing an amendment to the certificate of limited partnership stating that the limited partnership is dissolved and: The amendment has not become effective, delivery to the secretary of state for filing of a statement of withdrawal applicable to the amendment; or The amendment has become effective, delivery to the secretary of state for filing of an amendment to the certificate of limited partnership stating that dissolution has been rescinded under this section. If a limited partnership rescinds its dissolution: The limited partnership resumes carrying on the limited partnership's activities and affairs as if dissolution had never occurred; Subject to subdivision (c)(3), any liability incurred by the limited partnership after the dissolution and before the rescission has become effective is determined as if dissolution had never occurred; and The rights of a third party arising out of conduct in reliance on the dissolution before the third party knew or had notice of the rescission shall not be adversely affected. Acts 2017, ch. 440, § 1.
Frequently Asked Questions About Tennessee § 61-3-803
What does Tennessee Code Annotated § 61-3-803 cover?
Section 61-3-803 ("Rescinding dissolution.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 61-3-803?
A common citation format is "Tennessee Code Annotated § 61-3-803" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 61-3-803 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.