[§425D-203] Cancellation of certificate. (a) A certificate of limited partnership shall be canceled upon the dissolution and the commencement of winding up of the partnership or when there are no limited partners. A certificate of cancellation shall be delivered to the director for filing and set forth:

(1) The name of the limited partnership;

(2) The date of filing of its certificate of limited partnership;

(3) The reason for filing the certificate of cancellation;

(4) The effective date, which shall be a date and time certain, of cancellation, if it is not to be effective upon the filing of the certificate; and

(5) Any other information the general partners filing the certificate determine.

(b) If a partnership has terminated by the expiration of its term of existence, the partners, may, at any time within two years of such termination, by taking action consistent with the partnership agreement and by amending the partnership's certificate of limited partnership, extend the term of partnership. Such extension shall be effective from the original filing of the certificate unless otherwise stated in the amended certificate. [L 1989, c 288, pt of §1]