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Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 4027. Correcting filed document

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) A limited liability company or foreign limited liability company may correct a document filed by the Secretary of State if the document contains a false or erroneous statement or was defectively signed.

(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 of correction;

(B) specify the incorrect statement and the reason it is incorrect or the manner in which the signing was defective;

(C) correct the incorrect statement or defective signing; and

(2) by delivering the corrected document to the Secretary of State for filing.

(c) When filed by the Secretary of State, articles of correction filed under subsection (a) of this section are effective retroactively as of the effective date of the record the articles correct, but the articles are effective when filed as to persons that previously relied on the uncorrected record and would be adversely affected by the retroactive effect.

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Cite this article: FindLaw.com - Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 4027. Correcting filed document - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-corporations-partnerships-and-associations/vt-st-tit-11-sect-4027/

Read this complete Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 4027. Correcting filed document on Westlaw. Westlaw subscription required.

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