Section 205 - Certificate of correction.
§ 4A-205. Certificate of correction.
(a) General rule.- If any document filed with the Department under this title contains any typographical error, error of transcription, or other technical error or has been defectively executed, the document may be corrected by the filing of a certificate of correction.
(b) Required contents of certificate.- A certificate of correction shall set forth:
(1) The title of the document being corrected;
(2) The name of each party to the document being corrected;
(3) The date that the document being corrected was filed; and
(4) The provision in the document as previously filed and as corrected and, if execution of the document was defective, the manner in which it was defective.
(c) Limitation of use.- A certificate of correction may not make any other change or amendment that would not have complied in all respects with the requirements of this article at the time the document being corrected was filed.
(d) Execution of certificate.- A certificate of correction shall be executed in the same manner in which the document being corrected was required to be executed.
(e) Change in document's effective date; rights and liabilities not affected.- A certificate of correction may not:
(1) Change the effective date of the document being corrected; or
(2) Affect any right or liability accrued or incurred before its filing, except that any right or liability incurred by reason of the error or defect being corrected shall be extinguished by the filing if the person having the right has not detrimentally relied on the original document.
[1992, ch. 536.]