61-2-1105 - Corrections When effective.

61-2-1105. Corrections When effective.

(a)  A domestic or foreign limited partnership may correct a document filed by the secretary of state if the document:

     (1)  Contains an incorrect statement; or

     (2)  Was defectively executed, attested, sealed, verified or acknowledged.

(b)  A document is corrected:

     (1)  By preparing a certificate of correction that:

          (A)  Describes the document (including its filing date) or attaches a copy of it to the certificate;

          (B)  Specifies the incorrect statement and the reason it is incorrect or the manner in which the execution was defective; and

          (C)  Corrects the incorrect statement or defective execution; and

     (2)  By delivering the certificate to the secretary of state for filing.

(c)  Certificates of correction are effective on the effective time and date of the document they correct except as to persons relying on those uncorrected documents and adversely affected by the correction. As to those persons, certificates of correction are effective when filed.

[Acts 1988, ch. 922, § 1.]