Legislation
SECTION 113
Certificate cancelled or amended
Partnership (PTR) CHAPTER 39, ARTICLE 8
§ 113. Certificate cancelled or amended. (1) The certificate shall be
cancelled when the partnership is dissolved or all limited partners
cease to be such.
(2) A certificate shall be amended when
(a) There is a change in the name of the partnership or in the amount
or character of the contribution of any limited partner,
(b) A person is substituted as a limited partner,
(c) An additional limited partner is admitted,
(d) A person is admitted as a general partner,
(e) A general partner retires, dies or becomes mentally ill, and the
business is continued under section one hundred and nine,
(f) There is a change in the character of the business of the
partnership, or a change in the location of the principal place of
business,
(g) There is a false or erroneous statement in the certificate,
(h) 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,
(i) 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,
(j) 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.
cancelled when the partnership is dissolved or all limited partners
cease to be such.
(2) A certificate shall be amended when
(a) There is a change in the name of the partnership or in the amount
or character of the contribution of any limited partner,
(b) A person is substituted as a limited partner,
(c) An additional limited partner is admitted,
(d) A person is admitted as a general partner,
(e) A general partner retires, dies or becomes mentally ill, and the
business is continued under section one hundred and nine,
(f) There is a change in the character of the business of the
partnership, or a change in the location of the principal place of
business,
(g) There is a false or erroneous statement in the certificate,
(h) 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,
(i) 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,
(j) 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.