Section 105 - Execution, filing, and recording of statements. - Maryland Statutes

§ 9A-105. Execution, filing, and recording of statements.
 

(a)  Filing.- A statement may be filed with the Department. A certified copy of a statement that is filed in an office in another state, containing substantially the same information as required for a statement filed under this title, may be filed with the Department. Either filing has the effect provided in this title with respect to partnership property located in or transactions that occur in this State. 

(b)  Execution.- A statement of partnership authority filed by a partnership must be executed by at least two partners. Other statements must be executed by a partner or other person authorized by this title. An individual who executes a statement shall personally declare under penalty of perjury that the contents of the statement are accurate. 

(c)  Amendment or cancellation.- A person authorized by this title 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)  Copies required to be sent.- 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. 

(e)  Fees.- The Department may collect a fee for filing or providing a certified copy of a statement. 
 

[1997, ch. 654, § 2; 1998, ch. 743, § 1.]