Arizona Statutes
§ 29-314 — Liability for false statement in certificate
Arizona·Title 29 Arizona Revised Statutes·Ch. 3 LIMITED PARTNERSHIPS·Art. 2 Formation: Certificate of Limited Partnership
If any certificate of limited partnership or certificate of amendment, restated certificate of limited partnership or certificate of cancellation contains a false statement, one who suffers loss by reliance on the statement may recover damages for the loss from:
1.Any person who executes the certificate, or causes another to execute it on his behalf, and knew, and any general partner who knew or should have known, the statement to be false at the time the certificate was executed; and
2.Any general partner who thereafter knows or should have known that any arrangement or other fact described in the certificate has changed, making the statement inaccurate in any respect within a sufficient time before the statement was relied upon reasonably to have enabled that general partner to cance
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Related
City of Tucson v. Clear Channel Outdoor, Inc.
181 P.3d 219 (Court of Appeals of Arizona, 2008)
Nearby Sections
15
§ 29-1001
Definitions§ 29-1002
Knowledge and notice§ 29-1004
Supplemental principles of law§ 29-1006
Law governing internal relations§ 29-1011
Partnership as entity§ 29-1012
Formation of partnership§ 29-1013
Partnership property§ 29-1021
Partner agent of partnership§ 29-1022
Transfer of partnership property