Colorado § 7-62-207 Liability for false statement in certificate

Colorado Statutes

§ 7-62-207 — Liability for false statement in certificate

Colorado·Title 07 Corporations·Art. Colorado Uniform Limited

(1)If any certificate of limited partnership, certificate of amendment, or statement of dissolution containing a false statement is delivered to the secretary of state for filing pursuant to part 3 of article 90 of this title, one who suffers loss by reliance on the statement may recover damages for the loss from:

(a)Any general partner who knew or should have known the certificate of limited partnership, certificate of amendment, or statement of dissolution to be false at the time the same was approved; and

(b)Any general partner who thereafter knows or should have known that any statement in the certificate of limited partnership, certificate of amendment, or statement of dissolution has changed, making the same inaccurate in any respect within a sufficient time before the

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(1) If any certificate of
limited partnership, certificate of amendment, or statement of dissolution
containing a false statement is delivered to the secretary of state for filing
pursuant to part 3 of article 90 of this title, one who suffers loss by reliance on the
statement may recover damages for the loss from:

(a) Any general partner who knew or should have known the certificate of
limited partnership, certificate of amendment, or statement of dissolution to be
false at the time the same was approved; and

(b) Any general partner who thereafter knows or should have known that any
statement in the certificate of limited partnership, certificate of amendment, or
statement of dissolution has changed, making the same inaccurate in any respect
within a sufficient time before the certificate of limited partnership, certificate of
amendment, or statement of dissolution was relied upon reasonably to have
enabled that general partner to correct the inaccuracy or to file a petition for its
correction under section 7-90-313.

Colorado § 7-62-207 (Liability for false statement in certificate) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 81: Entire article added, p. 439, � 1, effective November 1. L. 2002: IP(1) and (1)(a) amended, p. 1822, � 41, effective July 1; IP(1) and (1)(a) amended, p. 1687, � 39, effective October 1. L. 2003: IP(1) and (1)(b) amended, p. 2244, � 131, effective July 1, 2004. L. 2004: (1)(a) and (1)(b) amended, p. 1441, � 128, effective July 1.