{"data":{"id":"us-ky/krs-362.427","jurisdiction":"us-ky","citation":"KRS 362.427","heading":"Liability for false statement in certificate.","body":"If a certificate of limited partnership, certificate of amendment or certificate of\ncancellation contains a false statement, a person who suffers loss by reliance on that\nstatement may recover damages for the loss from:\n(1) Any person who executed the cert ificate, or caused another to execute it on his\nbehalf, and knew, and any general partner who knew or should have known, the\nstatement to be false at the time the certificate was executed; and\n(2) Any general partner who thereafter knows or should have kno wn that any\narrangement or other fact described in the certificate has changed, making the\nstatement inaccurate in any material respect, within a sufficient time before the\nstatement was relied upon reasonably to have enabled that general partner to cancel\nor amend the certificate or to file a petition for its cancellation or amendment\npursuant to KRS 362.423.","path":["KRS Chapter 362"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34346","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:55Z","sha256":"4a434b6f45ec8da792fc4c6832ccb9c73fc7715a84cb209f37075b755449cf75","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.425","next":"us-ky/krs-362.429"},"notice":"GroundRules: Original legal text. Not legal advice."}