Haw. Rev. Stat. » Haw. Rev. Stat. / Chapter 425
Hawaii Revised Statutes

Haw. Rev. Stat. § 425-142 (2025)

  Statement of dissolution

✓ laws through the 2025 session: the 2026 session is not included
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     §425-142  Statement of dissolution.  (a)  After dissolution, a partner who has not wrongfully dissociated may file a statement of dissolution stating the name of the partnership and that the partnership has dissolved and is winding up its business.

     (b)  A statement of dissolution cancels a filed registration for the purposes of section 425-114(a) and is a limitation on authority for the purposes of section 425-114(b).

     (c)  For the purposes of sections 425-112 and 425-141, a person not a partner is deemed to have notice of the dissolution and the limitation on the partners' authority as a result of the statement of dissolution ninety days after it is filed.

     (d)  After filing and, if appropriate, recording a statement of dissolution, a dissolved partnership may file and, if appropriate, record a registration statement which will operate with respect to a person not a partner as provided in section 425-114(a) and (b) in any transaction, whether or not the transaction is appropriate for winding up the partnership business. [L 1999, c 284, pt of §1]

 

 

Notes of Decisions
Cited in 1 case, 1981–1981 · leading case: Fletcher v. Fletcher, 634 P.2d 1039 (Haw. App. 1981).
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Fletcher v. Fletcher, 634 P.2d 1039 (Haw. App. 1981). · cites it 13× “It may be that the family court can satisfy its obligations under HRS § 580-47 by borrowing and applying, in appropriate cases, the concepts of HRS § 425-142. 11 However, the application must be made in the context of HRS chapter 580, not HRS chapter 425, and the result must…”
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