§ 24 - Share options
§ 1.24. Correcting filed document
(a) A domestic or foreign corporation may correct a document filed by the secretary of state if the document:
(1) is incomplete;
(2) contains an incorrect statement;
(3) was defectively executed, attested, sealed, verified, or acknowledged; or
(4) the electronic transmission of which was defective.
(b) A document is corrected:
(1) by preparing articles of correction that
(A) describe the document (including its filing date) or attach a copy of it to the articles;
(B) specify the incorrect statement and the reason it is incorrect or the manner in which the execution was defective; and
(C) correct the incorrect statement or defective execution; and
(2) by delivering the articles to the secretary of state for filing.
(c) Articles of correction are effective on the effective date of the document they correct except as to persons relying to their detriment on the uncorrected document. As to those persons, articles of correction are effective when filed. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994; amended 2007, No. 190 (Adj. Sess.), § 80, eff. June 6, 2008.)