Sec. 208. Liability for false information in filed record.
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/il/chapter-805/act-215/208A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 208. Liability for false information in filed record.
(a)If a record delivered to the Secretary of State for filing under this Act and filed by the Secretary of State contains false information, a person that suffers loss by reliance on the information may recover damages for the loss from:
(1)a person that signed the record, or caused another to sign it on the person's
behalf, and knew the information to be false at the time the record was signed; and
(2)a general partner that has notice that the information was false when the record was
filed or has become false because of changed circumstances, if the general partner has notice for a reasonably sufficient time before the information is relied upon to enable the general partner to effect an amendment under Section 202, file a petition pursuant to Section 205, or deliver to the Secretary of State for filing a statement of change pursuant to Section 115 or a statement of correction pursuant to Section 207.
(b)Signing a record authorized or required to be filed under this Act constitutes an affirmation under the penalties of perjury that the facts stated in the record are true.