(a) A limited liability company or foreign limited liability company may correct a document filed by the Secretary of State if the document:
(1) Contains an incorrect statement; or
(2) Was defectively executed.
(b) A document is corrected:
(1) By preparing articles of correction that:
(A) Describe the document (including its filing date);
(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 or defective execution; and
(2) By delivering the articles to the Secretary of State for filing.
(c) Articles of correction that are filed by the Secretary of State 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, articles of correction are effective when filed.
Section: Previous 14-11-201 14-11-202 14-11-203 14-11-204 14-11-205 14-11-206 14-11-207 14-11-208 14-11-209 14-11-210 14-11-211 14-11-212 NextLast modified: October 14, 2016