GEORGIA CODE (Last Updated: August 20, 2013) |
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 |
Section 14-9A-25. When certificate of limited partnership required to be canceled
Latest version.
- (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.
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.