Notice of partnership dissolution template (US)

Notice of Dissolution of Partnership

Date: Notice Date

To: Recipient, such as customers, suppliers and creditors of the partnership

Notice is given that the partnership known as Partnership Name, doing business at Partnership Address (the "Partnership"), formed between Partner Names, has been dissolved by Reason, such as mutual agreement of the partners or expiration of the partnership term effective Dissolution Date.

Winding Up

Winding-Up Partner Name is authorized to wind up the Partnership's business, collect amounts owed to it, pay its debts and distribute any remaining assets as the partnership agreement and state law provide.

Authority of Partners

After the dissolution date, no partner has authority to make new contracts or incur new debts for the Partnership, except as needed to wind up its business. The partners will file any statement of dissolution or statement of dissociation that state law allows or requires, which limits the authority of partners as to third parties.

Debts and Payments

• Amounts owed to the Partnership should be paid to: Payment Instructions.

• Claims against the Partnership should be sent in writing, with supporting documents, to Claims Address by Claims Deadline.

• Continuing business: Successor Business Details, such as one partner continuing the business under a new name, or None.

For questions, please contact Contact Name, Phone and Email.

| Partner | Signature | Date |

| --- | --- | --- |

| First Partner Name | First Partner Signature | First Partner Signing Date |

| Second Partner Name | Second Partner Signature | Second Partner Signing Date |