35-12-616. Correcting filed record. (1) A limited partnership or foreign limited partnership may deliver to the secretary of state for filing a statement of correction to correct a record previously delivered by the limited partnership or foreign limited partnership to the secretary of state and filed by the secretary of state if at the time of filing the record contained false or erroneous information or was defectively signed.

Terms Used In Montana Code 35-12-616

  • 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.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201

(2)A statement of correction may not state a delayed effective date and must:

(a)describe the record to be corrected, including its filing date, or attach a copy of the record as filed;

(b)specify the incorrect information and the reason it is incorrect or the manner in which the signing was defective; and

(c)correct the incorrect information or defective signature.

(3)When filed by the secretary of state, a statement of correction is effective retroactively as of the effective date of the record the statement corrects, but the statement is effective when filed:

(a)for the purposes of 35-12-511(3) and (4); and

(b)as to persons relying on the uncorrected record and adversely affected by the correction.