Kentucky Statutes 362.1-304 – Statement of denial
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A partner or other person named as a partner in a filed statement of partnership authority or in a list maintained by an agent pursuant to KRS § 362.1-303(2) may file a statement of denial stating the name of the partnership, the date of filing of the statement of partnership authority, and the fact that is being denied, which may include denial of a person’s authority or status as a partner. A statement of denial is a limitation on authority as provided in KRS § 362.1-303(4) and (5).
Effective: July 12, 2006
History: Created 2006 Ky. Acts ch. 149, sec. 31, effective July 12, 2006.
Effective: July 12, 2006
Terms Used In Kentucky Statutes 362.1-304
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: means an association of two (2) or more persons to carry on as co- owners a business for profit formed under KRS §. See Kentucky Statutes 362.1-101
- Person: means an individual, an entity, or any other legal or commercial entity. See Kentucky Statutes 362.1-101
- Statement: means a statement of partnership authority under KRS §. See Kentucky Statutes 362.1-101
History: Created 2006 Ky. Acts ch. 149, sec. 31, effective July 12, 2006.