2016 Idaho Statutes
Title 53 - PARTNERSHIP
Chapter 2 - UNIFORM LIMITED PARTNERSHIP ACT
Part 2 - FORMATION -- CERTIFICATE OF LIMITED PARTNERSHIP AND OTHER FILINGS
Section 53-2-208 - LIABILITY FOR FALSE INFORMATION IN FILED RECORD.

53-2-208. Liability for false information in filed record. (1) If a record delivered to the secretary of state for filing under this chapter 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:

(a) 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

(b) 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 53-2-202, Idaho Code, file a petition pursuant to section 53-2-205, Idaho Code, or deliver to the secretary of state for filing a statement of change pursuant to section 30-408, Idaho Code, or a statement of correction pursuant to section 53-2-207, Idaho Code.

(2) Signing a record authorized or required to be filed under this chapter constitutes an affirmation under the penalties of perjury that the facts stated in the record are true.

History:

[53-2-208, added 2006, ch. 144, sec. 2, p. 419; am. 2007, ch. 314, sec. 50, p. 924.]