§ 23-16-3-3 — Amendment to certificate

Indiana § 23-16-3-3

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 16: LIMITED PARTNERSHIPS
• Ch. 3: Formation and Certificate of Limited Partnership

Text

(a) A certificate of limited partnership is
amended by filing a certificate of amendment in the office of the
secretary of state. The certificate of amendment must include the
following:
(1) The name of the limited partnership.
(2) The amendment to the certificate of limited partnership.
(b) Within sixty (60) days after any of the following events occurs,
an amendment to a certificate of limited partnership reflecting the
occurrence of the event or events must be filed:
(1) The admission of a new general partner.
(2) The withdrawal of a general partner.
(3) The continuation of the business under IC 23-16-9-1 after an
event of withdrawal of a general partner.
(4) The discovery by a general partner that any statement in the
certificate of limited partnership was false when made.
(5) The discovery by a general partner that any facts or
arrangements described in the certificate of limited partnership
have changed, making the certificate inaccurate in any respect.
(c) The filing of an amendment reflecting the occurrence of an event
referred to in subsection (b) within the time required under subsection
(b) absolves a person from any liability that might arise because the
certificate did not reflect the occurrence of that event before the filing
of the amendment.
(d) A certificate of limited partnership may be amended at any time
for any other proper purpose the general partners may determine.

Legislative History

As added by P.L.147-1988, SEC.1.