Iowa Code § 486A.704 (2026)

1. A dissociated partner or the partnership may file a statement of dissociation stating the name of the partnership and that the partner is dissociated from the partnership.

2. A statement of dissociation is a limitation on the authority of a dissociated partner for the purposes of section 486A.303, subsections 4 and 5.

3. For the purposes of section 486A.702, subsection 1, paragraph “c”, and section 486A.703, subsection 2, paragraph “c”, a person not a partner is deemed to have notice of the dissociation ninety days after the statement of dissociation is filed. 98 Acts, ch 1201, §36, 79, 82 Referred to in §486A.101, 486A.303, 486A.702, 486A.703\n\n 486A.705 Continued use of partnership name. Continued use of a partnership name, or a dissociated partner’s name as part of a partnership name, by partners continuing the business does not of itself make the dissociated partner liable for an obligation of the partners or the partnership continuing the business. 98 Acts, ch 1201, §37, 79, 82\n\n ARTICLE 8 WINDING UP PARTNERSHIP BUSINESS Referred to in §486A.405, 486A.603 \n