Kentucky Statutes 362.421 – Execution of certificates
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(1) Each certificate required by KRS § 362.403 to KRS § 362.525 to be filed with the Secretary of State shall be executed in the following manner:
(a) An original certificate of limited partnership signed by all general partners;
(b) A certificate of amendment, signed by at least one (1) general partner and by each other general partner designated in the certificate as a new general partner; and
(c) A certificate of cancellation, signed by all general partners.
(2) Any person may sign a certificate of limited partnership, certificate of amendment or certificate of cancellation by an attorney-in-fact, but a power of attorney to sign a certificate of amendment relating to the admission of a general partner shall specifically describe the admission.
(3) The execution of a certificate of limited partnership, certificate of amendment or certificate of cancellation by a general partner shall constitute an affirmation under the penalties of perjury that the facts stated therein are true.
Effective: June 26, 2007
History: Repeal the prior repeal contained in 2006 Ky. Acts ch. 149, sec. 239, which was to have been effective January 1, 2008, 2007 Ky. Acts ch. 137, sec. 180, effective June 26, 2007. — Repealed 2006 Ky. Acts ch. 149, sec. 239, effective January 1, 2008. — Created 1988 Ky. Acts ch. 284, sec. 11, effective July 15, 1988.
(a) An original certificate of limited partnership signed by all general partners;
Terms Used In Kentucky Statutes 362.421
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(b) A certificate of amendment, signed by at least one (1) general partner and by each other general partner designated in the certificate as a new general partner; and
(c) A certificate of cancellation, signed by all general partners.
(2) Any person may sign a certificate of limited partnership, certificate of amendment or certificate of cancellation by an attorney-in-fact, but a power of attorney to sign a certificate of amendment relating to the admission of a general partner shall specifically describe the admission.
(3) The execution of a certificate of limited partnership, certificate of amendment or certificate of cancellation by a general partner shall constitute an affirmation under the penalties of perjury that the facts stated therein are true.
Effective: June 26, 2007
History: Repeal the prior repeal contained in 2006 Ky. Acts ch. 149, sec. 239, which was to have been effective January 1, 2008, 2007 Ky. Acts ch. 137, sec. 180, effective June 26, 2007. — Repealed 2006 Ky. Acts ch. 149, sec. 239, effective January 1, 2008. — Created 1988 Ky. Acts ch. 284, sec. 11, effective July 15, 1988.