1. A partnership may correct a document filed by the secretary of state if the document satisfies one or both of the following:

 a. The document contains an incorrect statement.
 b. The document was defectively executed, attested, sealed, verified, or acknowledged.

Terms Used In Iowa Code 486A.1204

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • State: means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. See Iowa Code 486A.101
  • Statement: means a statement of partnership authority under section 486A. See Iowa Code 486A.101
 2. A document is corrected by complying with both of the following:

 a. By preparing a statement of correction that satisfies all of the following:

 (1) The statement describes the document, including its filing date, or a copy of the document is attached to the statement.
 (2) The statement specifies the incorrect statement and the reason it is incorrect or the manner in which the execution was defective.
 (3) The statement corrects the incorrect statement or defective execution.
 b. By delivering the statement to the secretary of state for filing.
 3. Statements of corrections are effective on the effective date of the document they correct except as to persons relying on the uncorrected document and adversely affected by the correction. As to those persons, statements of correction are effective when filed.
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