53-3-105 EXECUTION AND FILING OF STATEMENTS. - Idaho Statutes

TITLE 53

PARTNERSHIP

CHAPTER 3

UNIFORM PARTNERSHIP ACT

PART 1.

GENERAL PROVISIONS

53-3-105. Execution and filing of statements. (a) A statement may be filed in the office of the secretary of state. A filed statement has the effect provided in this act with respect to partnership property located in or transactions that occur in this state.

(b) A statement filed by a partnership must be executed by at least two (2) partners. Other statements must be executed by a partner or other person authorized by this act. An individual who executes a statement as, or on behalf of, a partner or other person named as a partner in a statement shall personally declare under penalty of perjury that the contents of the statement are accurate.

(c) A person authorized by this act to file a statement may amend or cancel the statement by filing an amendment or cancellation that names the partnership, identifies the statement, and states the substance of the amendment or cancellation.

(d) A person who files a statement pursuant to this section shall promptly send a copy of the statement to every nonfiling partner and to any other person named as a partner in the statement. Failure to send a copy of a statement to a partner or other person does not limit the effectiveness of the statement as to a person not a partner.