(1) If
the secretary of state determines that one or more grounds exist
under RCW 25.10.453 for dissolving a limited partnership, the
secretary of state shall give the limited partnership written
notice of the determination by first-class mail, postage prepaid
reciting the grounds therefor. Notice shall be sent to the
address of the office for records and address of the agent for
service of process contained in the certificate having this
information which is most recently filed with the secretary of
state.
(2) If the limited partnership does not correct each ground
for dissolution or demonstrate to the reasonable satisfaction of
the secretary of state that each ground determined by the
secretary of state does not exist within sixty days after notice
is sent, the limited partnership is thereupon dissolved, the
secretary of state shall give the limited partnership written
notice of the dissolution that recites the ground or grounds
therefor and its effective date.
(3) A limited partnership administratively dissolved
continues its limited partnership existence but may not carry on
any business except that necessary to wind up and liquidate its
business and affairs.
(4) The administrative dissolution of a limited partnership
does not terminate the authority of its registered agent.
[1991 c 269 § 32.]