§ 3027 - Correcting filed document - Vermont Statutes

§ 3027. Correcting filed document

(a) A limited liability company or foreign limited liability company may correct a document filed by the secretary of state if the document contains a false or erroneous statement or was defectively signed.

(b) A document is corrected:

(1) by preparing articles of correction that:

(A) describe the document, including its filing date, or attach a copy of it to the articles of correction;

(B) specify the incorrect statement and the reason it is incorrect or the manner in which the signing was defective;

(C) correct the incorrect statement or defective signing; and

(2) by delivering the corrected document to the secretary of state for filing.

(c) Articles of correction are effective retroactively to the effective date of the document they correct. However, a person who has relied on the uncorrected document and was adversely affected by the correction is not bound by the correction until the articles are filed. (Added 1995, No. 179 (Adj. Sess.), § 4.)