Sec. 902.5. Amended application for certificate of authority.

229 words·~1 min read·/il/chapter-805/act-215/902-5

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In order to amend its application for certificate of authority, a foreign limited partnership must deliver to the Secretary of State for filing an amended application for certificate of authority stating:

(1)the name of the foreign limited partnership and, if the name does not comply with

Section 108, an alternate name adopted pursuant to Section 905(a);

(2)the date of filing the application for certificate of authority; and

(3)the amendment to the application for certificate of authority.

(b)A foreign limited partnership shall promptly deliver to the Secretary of State for filing an amended application for certificate of authority to reflect:

(1)the admission of a new general partner; or

(2)the dissociation of a person as a general partner.

(c)A general partner who becomes aware that any statement in the application for certificate of authority was false when made or that any statement or facts therein have changed shall promptly:

(1)cause the certificate to be amended; or

(2)if appropriate, 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.

(d)Except as provided in Section 210, an application for certificate of authority may be amended at any time for any other proper purpose as determined by the limited partnership.