GroundRules
18 GCA § 27304: Liability for False Statements in Certificate.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 4 - Partnership
- Chapter 27: Limited Partnerships
- ARTICLE 3: POWERS, RIGHTS, DUTIES AND LIABILITIES OF PARTNERS
If the certificate contains a false statement, one who suffers loss by reliance on such statement may hold liable any party to the certificate who knew the statement to be false:
(a) At the time he signed the certificate or
(b) Subsequently, but within a sufficient time before the statement was relied upon to enable him to cancel or amend the certificate, or to file a petition for its cancellation or amendment as provided in § 27407(3).
Collected 2026-09-27T03:55:28Z. Source file · JSON