(a) A cooperative may correct a document filed with the office of the secretary of state, if the document:
Terms Used In Tennessee Code 43-38-1104
Cooperative: means an association organized under this title conducting business on a cooperative plan as provided under this chapter. See Tennessee Code 43-38-103
Secretary of state: means the person who holds the office of secretary of state of Tennessee. See Tennessee Code 43-38-103
State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(1) Contains an incorrect statement; or(2) Was defectively executed, attested, sealed, certified, or acknowledged.(b) A document is corrected:
(1) By preparing articles of correction that:
(A) Describe the document, including its filing date, or attach a copy of it to the articles;(B) Specify the incorrect statement and the reason it is incorrect or the manner in which the execution was defective; and(C) Correct the incorrect statement of defective execution; and(2) By delivering the articles of correction to the office of the secretary of state for filing.(c) Articles of correction are effective on the effective time and 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, articles of correction are effective when filed.
