{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/50-73.52_1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/50-73.52_1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/50-73.52_1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/50-73.52_1.html"}],"law_id":87133,"edition_id":1,"section_id":87133,"structure_id":13848,"section_number":"50-73.52:1","catch_line":"Known claims against dissolved limited partnership","history":"2004, c. 601.","full_text":"A\n\nA dissolved limited partnership may dispose of the known claims against it by following the procedure described in this section.B\n\nThe dissolved limited partnership shall deliver to each of its known claimants written notice of the dissolution at any time after its effective date. The written notice shall:1\n\nProvide a reasonable description of the claim that the claimant may be entitled to assert;2\n\nState whether the claim is admitted, or not admitted, and if admitted (i) the amount that is admitted, which may be as of a given date, and (ii) any interest obligation if fixed by an instrument of indebtedness;3\n\nProvide a mailing address where a claim may be sent;4\n\nState a deadline, which may not be fewer than 120 days from the effective date of the written notice, by which confirmation of the claim shall be delivered to the dissolved limited partnership; and5\n\nState that, except to the extent that any claim is admitted, the claim will be barred if written confirmation of the claim is not delivered by the deadline.C\n\nA claim against the dissolved limited partnership is barred to the extent that it is not admitted:1\n\nIf the dissolved limited partnership delivered written notice to the claimant in accordance with subsection B and the claimant does not deliver written confirmation of the claim to the dissolved limited partnership by the deadline; or2\n\nIf the dissolved limited partnership delivered written notice to the claimant that its claim is not admitted, in whole or in part, and the claimant does not commence a proceeding to enforce the claim within 90 days from the delivery of written confirmation of the claim to the dissolved limited partnership.D\n\nFor purposes of this section, “claim” does not include (i) a contingent liability or a claim based on an event occurring after the effective date of dissolution or (ii) a liability or claim the ultimate maturity of which is more than 60 days after the delivery of written notice to the claimant pursuant to subsection B.E\n\nIf a liability exists but the full extent of any damages is or may not be ascertainable, and a proceeding to enforce the claim is commenced pursuant to subdivision C 2, the claimant may amend the pleadings after filing to include any damages that occurred or are alleged to have occurred after filing, and the court having jurisdiction of such claim may continue such proceeding during its pendency if it appears that further damages are or still may be occurring.","order_by":null,"text":{"0":{"id":311986,"text":"A dissolved limited partnership may dispose of the known claims against it by following the procedure described in this section.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":311987,"text":"The dissolved limited partnership shall deliver to each of its known claimants written notice of the dissolution at any time after its effective date. The written notice shall:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":311988,"text":"Provide a reasonable description of the claim that the claimant may be entitled to assert;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":311989,"text":"State whether the claim is admitted, or not admitted, and if admitted (i) the amount that is admitted, which may be as of a given date, and (ii) any interest obligation if fixed by an instrument of indebtedness;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":311990,"text":"Provide a mailing address where a claim may be sent;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"5":{"id":311991,"text":"State a deadline, which may not be fewer than 120 days from the effective date of the written notice, by which confirmation of the claim shall be delivered to the dissolved limited partnership; and","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"6":{"id":311992,"text":"State that, except to the extent that any claim is admitted, the claim will be barred if written confirmation of the claim is not delivered by the deadline.","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"C"},"7":{"id":311993,"text":"A claim against the dissolved limited partnership is barred to the extent that it is not admitted:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B5","next_prefix":"C1"},"8":{"id":311994,"text":"If the dissolved limited partnership delivered written notice to the claimant in accordance with subsection B and the claimant does not deliver written confirmation of the claim to the dissolved limited partnership by the deadline; or","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"9":{"id":311995,"text":"If the dissolved limited partnership delivered written notice to the claimant that its claim is not admitted, in whole or in part, and the claimant does not commence a proceeding to enforce the claim within 90 days from the delivery of written confirmation of the claim to the dissolved limited partnership.","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"D"},"10":{"id":311996,"text":"For purposes of this section, “claim” does not include (i) a contingent liability or a claim based on an event occurring after the effective date of dissolution or (ii) a liability or claim the ultimate maturity of which is more than 60 days after the delivery of written notice to the claimant pursuant to subsection B.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C2","next_prefix":"E"},"11":{"id":311997,"text":"If a liability exists but the full extent of any damages is or may not be ascertainable, and a proceeding to enforce the claim is commenced pursuant to subdivision C 2, the claimant may amend the pleadings after filing to include any damages that occurred or are alleged to have occurred after filing, and the court having jurisdiction of such claim may continue such proceeding during its pendency if it appears that further damages are or still may be occurring.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":13848,"edition_id":1,"name":"Dissolution","identifier":"8","label":"article","depth":3,"order_by":1,"parent_id":13364,"metadata":{},"date_created":"2026-06-26 03:46:04","date_modified":"2026-06-26 03:46:04","permalink":{"id":234583,"object_type":"structure","relational_id":13848,"identifier":"8","token":"50\/2.1\/8","url":"\/50\/2.1\/8\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13364,"edition_id":1,"name":"Virginia Revised Uniform Limited Partnership Act","identifier":"2.1","label":"chapter","depth":2,"order_by":1,"parent_id":12957,"metadata":{},"date_created":"2026-06-26 03:44:43","date_modified":"2026-06-26 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dissolution","url":"\/50-73.50\/","token":"50\/2.1\/8\/50-73.50","metadata":false},{"id":75807,"structure_id":13848,"section_number":"50-73.51","catch_line":"Winding up","url":"\/50-73.51\/","token":"50\/2.1\/8\/50-73.51","metadata":false},{"id":76173,"structure_id":13848,"section_number":"50-73.52","catch_line":"Distribution of assets","url":"\/50-73.52\/","token":"50\/2.1\/8\/50-73.52","metadata":false},{"id":87133,"structure_id":13848,"section_number":"50-73.52:1","catch_line":"Known claims against dissolved limited partnership","url":"\/50-73.52_1\/","token":"50\/2.1\/8\/50-73.52_1","metadata":false},{"id":60611,"structure_id":13848,"section_number":"50-73.52:2","catch_line":"Other claims against dissolved limited partnership","url":"\/50-73.52_2\/","token":"50\/2.1\/8\/50-73.52_2","metadata":false},{"id":67316,"structure_id":13848,"section_number":"50-73.52:3","catch_line":"Court proceedings","url":"\/50-73.52_3\/","token":"50\/2.1\/8\/50-73.52_3","metadata":false},{"id":81501,"structure_id":13848,"section_number":"50-73.52:4","catch_line":"Certificate of cancellation","url":"\/50-73.52_4\/","token":"50\/2.1\/8\/50-73.52_4","metadata":false},{"id":81655,"structure_id":13848,"section_number":"50-73.52:5","catch_line":"Automatic cancellation of limited partnership existence","url":"\/50-73.52_5\/","token":"50\/2.1\/8\/50-73.52_5","metadata":false},{"id":56868,"structure_id":13848,"section_number":"50-73.52:6","catch_line":"Involuntary cancellation of limited partnership existence","url":"\/50-73.52_6\/","token":"50\/2.1\/8\/50-73.52_6","metadata":false},{"id":71264,"structure_id":13848,"section_number":"50-73.52:7","catch_line":"Reinstatement of a limited partnership that has ceased to exist","url":"\/50-73.52_7\/","token":"50\/2.1\/8\/50-73.52_7","metadata":false}],"previous_section":{"id":76173,"structure_id":13848,"section_number":"50-73.52","catch_line":"Distribution of assets","url":"\/50-73.52\/","token":"50\/2.1\/8\/50-73.52","metadata":false},"next_section":{"id":60611,"structure_id":13848,"section_number":"50-73.52:2","catch_line":"Other claims against dissolved limited partnership","url":"\/50-73.52_2\/","token":"50\/2.1\/8\/50-73.52_2","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/50-73.52:1\/","history_text":"

This law was first created in 2004. The record of its establishment is cataloged in chapter 601<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":60611,"section_number":"50-73.52:2","catch_line":"Other claims against dissolved limited partnership","order_by":null,"url":"\/50-73.52_2\/"},{"id":67316,"section_number":"50-73.52:3","catch_line":"Court proceedings","order_by":null,"url":"\/50-73.52_3\/"}],"refers_to":false,"permalink":{"id":234601,"object_type":"law","relational_id":87133,"identifier":"50-73.52:1","token":"50\/2.1\/8\/50-73.52_1","url":"\/50-73.52_1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/50-73.52_1\/","token":"50\/2.1\/8\/50-73.52_1","dublin_core":{"Title":"Known claims against dissolved limited partnership","Type":"Text","Format":"text\/html","Identifier":"\u00a7 50-73.52:1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A dissolved limited partnership<\/span> may dispose of the known claims against it by following the procedure described in this section. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The dissolved limited partnership<\/span> shall deliver to each of its known claimants written notice of the dissolution at any time after its effective date. The written notice shall: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Provide a reasonable description of the claim that the claimant may be entitled to assert; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> State<\/span> whether the claim is admitted, or not admitted, and if admitted (i) the amount that is admitted, which may be as of a given date, and (ii) any interest obligation if fixed by an instrument of indebtedness; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Provide a mailing address where a claim may be sent; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> State<\/span> a deadline, which may not be fewer than 120 days from the effective date of the written notice, by which confirmation of the claim shall be delivered to the dissolved limited partnership<\/span>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> State<\/span> that, except to the extent that any claim is admitted, the claim will be barred if written confirmation of the claim is not delivered by the deadline. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A claim against the dissolved limited partnership<\/span> is barred to the extent that it is not admitted: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> If the dissolved limited partnership<\/span> delivered written notice to the claimant in accordance with subsection B and the claimant does not deliver written confirmation of the claim to the dissolved limited partnership<\/span> by the deadline; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> If the dissolved limited partnership<\/span> delivered written notice to the claimant that its claim is not admitted, in whole or in part, and the claimant does not commence a proceeding to enforce the claim within 90 days from the delivery of written confirmation of the claim to the dissolved limited partnership<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> For purposes of this section, “claim” does not include (i) a contingent liability or a claim based on an event occurring after the effective date of dissolution or (ii) a liability or claim the ultimate maturity of which is more than 60 days after the delivery of written notice to the claimant pursuant to subsection B. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> If a liability exists but the full extent of any damages<\/span> is or may not be ascertainable, and a proceeding to enforce the claim is commenced pursuant to subdivision C 2, the claimant may amend<\/span> the pleadings<\/span> after filing to include any damages<\/span> that occurred or are alleged to have occurred after filing, and the court<\/span> having jurisdiction<\/span> of such claim may continue such proceeding during its pendency if it appears that further damages<\/span> are or still may be occurring. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nKNOWN CLAIMS AGAINST DISSOLVED LIMITED PARTNERSHIP (\u00a7 50-73.52:1)\n\nA. A dissolved limited partnership may dispose of the known claims against it by\nfollowing the procedure described in this section.\n\nB. The dissolved limited partnership shall deliver to each of its known\nclaimants written notice of the dissolution at any time after its effective\ndate. The written notice shall:\n\n 1. Provide a reasonable description of the claim that the claimant may be\n entitled to assert;\n\n 2. State whether the claim is admitted, or not admitted, and if admitted (i)\n the amount that is admitted, which may be as of a given date, and (ii) any\n interest obligation if fixed by an instrument of indebtedness;\n\n 3. Provide a mailing address where a claim may be sent;\n\n 4. State a deadline, which may not be fewer than 120 days from the effective\n date of the written notice, by which confirmation of the claim shall be\n delivered to the dissolved limited partnership; and\n\n 5. State that, except to the extent that any claim is admitted, the claim will\n be barred if written confirmation of the claim is not delivered by the\n deadline.\n\nC. A claim against the dissolved limited partnership is barred to the extent\nthat it is not admitted:\n\n 1. If the dissolved limited partnership delivered written notice to the\n claimant in accordance with subsection B and the claimant does not deliver\n written confirmation of the claim to the dissolved limited partnership by the\n deadline; or\n\n 2. If the dissolved limited partnership delivered written notice to the\n claimant that its claim is not admitted, in whole or in part, and the claimant\n does not commence a proceeding to enforce the claim within 90 days from the\n delivery of written confirmation of the claim to the dissolved limited\n partnership.\n\nD. For purposes of this section, “claim” does not include (i) a\ncontingent liability or a claim based on an event occurring after the effective\ndate of dissolution or (ii) a liability or claim the ultimate maturity of which\nis more than 60 days after the delivery of written notice to the claimant\npursuant to subsection B.\n\nE. If a liability exists but the full extent of any damages is or may not be\nascertainable, and a proceeding to enforce the claim is commenced pursuant to\nsubdivision C 2, the claimant may amend the pleadings after filing to include\nany damages that occurred or are alleged to have occurred after filing, and the\ncourt having jurisdiction of such claim may continue such proceeding during its\npendency if it appears that further damages are or still may be occurring.\n\nHISTORY: 2004, c. 601.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}