LD 1609
pg. 23
Page 22 of 148 An Act To Establish the Uniform Partnership Act Page 24 of 148
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LR 1469
Item 1

 
§1005.__Execution, filing and recording of statements

 
1.__Filing with Secretary of State.__To be effective under
this chapter, a statement must be filed in the office of the
Secretary of State.__A certified copy of a statement that is
filed in an office in another state may be filed in the office of
the Secretary of State.__Either filing has the effect provided in
this chapter with respect to partnership property located in or
transactions that occur in this State.

 
2.__Recorded in registry of deeds.__A certified copy of a
statement that has been filed in the office of the Secretary of
State and recorded in the registry of deeds of the county in
which real property is located has the effect provided for
recorded statements in this chapter.__A recorded statement that
is not a certified copy of a statement filed in the office of the
Secretary of State does not have the effect provided for recorded
statements in this chapter.

 
3.__Execution.__A statement filed by a partnership must be
executed by at least one partner.__Other statements must be
executed either by a partner or other person authorized by this
chapter.__An individual who executes a statement as, or on behalf
of, a partner or other person named as a partner in a statement
shall personally declare under penalty of perjury that the
contents of the statement are accurate.

 
4.__Amendment or cancellation.__A person authorized by this
chapter to file a statement may amend or cancel the statement by
filing an amendment or cancellation that names the partnership,
identifies the statement and states the substance of the
amendment or cancellation.

 
5.__Copies.__A person who files a statement pursuant to this
section shall promptly send a copy of the statement to every
nonfiling partner and to any other person named as a partner in
the statement.__Failure to send a copy of a statement to a
partner or other person does not limit the effectiveness of the
statement as to a person not a partner.

 
6.__Secretary of State.__The Secretary of State may collect a
fee for filing or providing a certified copy of a statement.__The
registry of deeds may collect a fee for recording a statement.

 
Comment

 
(This is Section 105 of the Uniform Partnership Act (1997).)


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