Official Code of Georgia Annotated
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 9A. LIMITED PARTNERSHIPS · Article 1. LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952 · Part 2. FORMATION, CANCELLATION, AND AMENDMENT
14-9A-25. When certificate of limited partnership required to be canceled.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
- (a)
The certificate required under Code Section 14-9A-20 shall be canceled when the partnership is dissolved or all limited partners cease to be such.#
- (b)
A certificate shall be amended when:#
- (1)
There is a change in the name of the partnership or in the amount or character of the contribution of any limited partner;#
- (2)
A person is substituted as a limited partner;#
- (3)
An additional limited partner is admitted;#
- (4)
A person is admitted as a general partner;#
- (5)
A general partner retires, dies, or becomes insane and the business is continued under Code Section 14-9A-90;#
- (6)
There is a change in the character of the business of the partnership;#
- (7)
There is a false or erroneous statement in the certificate;#
- (8)
There is a change in the time as stated in the certificate for the dissolution of the partnership or for the return of a contribution;#
- (9)
A time is fixed for the dissolution of the partnership or the return of a contribution, no time having been specified in the certificate; or#
- (10)
The members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them.#
History
Ga. L. 1952, p. 375, § 24; Code 1981, § 14-9-25; Code 1981, § 14-9A-25, as redesignated by Ga. L. 1988, p. 1016, § 1.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, pages 1067 to 1068; merge action: carried; file SHA-256 f2fad2b71b39.