Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See Hawaii Revised Statutes 425E-102
(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 file 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 director for filing.(c) A certificate of correction shall be effective as of the effective date of the document it corrects; provided that the certificate shall be effective when filed:
(1) For the purposes of section 425E-103(c) and (d); and(2) As to persons relying on the uncorrected record and adversely affected by the correction.
