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Senate Amendment 5224

Amendment Text

PAG LIN
  1  1    Amend Senate File 2311 as follows:
  1  2    #1.  Page 2, by striking lines 9 through 12 and
  1  3 inserting the following:
  1  4    "10.  "Person" means as defined in section 4.1."
  1  5    #2.  Page 2, line 14, by striking the word
  1  6 "therein" and inserting the following:  "in such
  1  7 property".
  1  8    #3.  Page 2, by striking lines 15 through 18 and
  1  9 inserting the following:
  1 10    "12.  "State" means a state, territory, or
  1 11 possession of the United States, the District of
  1 12 Columbia, or the Commonwealth of Puerto Rico."
  1 13    #4.  Page 16, line 29, by inserting after the word
  1 14 "property" the following:  ", if such payments were
  1 15 made or liabilities incurred without violation of the
  1 16 partner's duties to the partnership or the other
  1 17 partners".
  1 18    #5.  Page 23, line 32, by inserting after the word
  1 19 "partnership" the following:  ", limited partnership,
  1 20 or limited liability company".
  1 21    #6.  Page 24, line 28, by inserting after the word
  1 22 "a" the following:  "general".
  1 23    #7.  Page 27, line 34, by inserting after the word
  1 24 "A" the following:  "written".
  1 25    #8.  Page 28, line 3, by striking the word "An" and
  1 26 inserting the following:  "A written".
  1 27    #9.  Page 31, line 2, by striking the word
  1 28 "thereof" and inserting the following:  "of a
  1 29 partnership name".
  1 30    #10.  Page 43, by striking lines 2 through 4 and
  1 31 inserting the following:
  1 32    "c.  The address of a registered office and the
  1 33 name and address of a registered agent for service of
  1 34 process in this state, which the partnership is
  1 35 required to maintain as provided in section 486.1211."
  1 36    #11.  Page 43, by striking lines 8 through 11 and
  1 37 inserting the following:
  1 38    "4.  The statement shall be executed by one or more
  1 39 partners authorized to execute the statement on behalf
  1 40 of the partnership."
  1 41    #12.  Page 43, by striking lines 16 and 17 and
  1 42 inserting the following:  "until the statement is
  1 43 canceled pursuant to section 486.105, subsection 4."
  1 44    #13.  By striking page 43, line 34, through page
  1 45 45, line 9.
  1 46    #14.  Page 46, line 1, by striking the word
  1 47 "Required" and inserting the following:  "Registered".
  1 48    #15.  Page 46, by striking lines 19 and 20 and
  1 49 inserting the following:  "section 486.105, subsection
  1 50 4."
  2  1    #16.  Page 48, by inserting after line 13 the
  2  2 following:  
  2  3                       "ARTICLE 12
  2  4                    FILING PROVISIONS
  2  5    Sec. ___.  NEW SECTION.  486.1201  FILING
  2  6 REQUIREMENTS.
  2  7    1.  A document shall satisfy the requirements of
  2  8 this section, and of any other section that adds to or
  2  9 varies these requirements, to be entitled to filing.
  2 10    2.  The document shall be filed in the office of
  2 11 the secretary of state.
  2 12    3.  The document shall contain the information
  2 13 required by this chapter.  The document may contain
  2 14 other information as well.
  2 15    4.  The document shall be typewritten or printed.
  2 16 The typewritten or printed portion shall be black.
  2 17 Manually signed photocopies, or other reproduced
  2 18 copies, including facsimiles or other electronically
  2 19 or computer-generated copies of typewritten or printed
  2 20 documents may be filed.
  2 21    5.  The document shall be in the English language.
  2 22 A  limited partnership name need not be in English if
  2 23 written in English letters or arabic or roman
  2 24 numerals.
  2 25    6.  Except as otherwise provided in this chapter,
  2 26 the document shall be executed by one of the following
  2 27 methods:
  2 28    a.  By two or more partners.
  2 29    b.  By a person authorized under this chapter, the
  2 30 partnership agreement, or other law to execute the
  2 31 document.
  2 32    c.  If the partnership is in the hands of a
  2 33 receiver, trustee, or other court-appointed fiduciary,
  2 34 by such receiver, trustee, or fiduciary.
  2 35    d.  If the document is that of a registered agent,
  2 36 by the registered agent, if the person is an
  2 37 individual, or by a person authorized by the
  2 38 registered agent to execute the document, if the
  2 39 registered agent is an entity.
  2 40    7.  The person executing the document shall sign it
  2 41 and state beneath or opposite the person's signature,
  2 42 the person's name and the capacity in which the person
  2 43 signs.  The secretary of state may accept for filing a
  2 44 document containing a copy of a signature, however
  2 45 made.
  2 46    8.  If, pursuant to any provision of this chapter,
  2 47 the secretary of state has prescribed a mandatory form
  2 48 for the document, the document shall be in or on the
  2 49 prescribed form.
  2 50    9.  The document shall be delivered to the office
  3  1 of the secretary of state for filing and shall be
  3  2 accompanied by the correct filing fee.
  3  3    10.  The secretary of state may adopt rules for the
  3  4 electronic filing of documents and the certification
  3  5 of electronically filed documents.
  3  6    Sec. ___.  NEW SECTION.  486.1202  FEES.
  3  7    1.  The secretary of state shall collect fees for
  3  8 documents described in this subsection which are
  3  9 delivered to the secretary's office for filing as
  3 10 follows:  
  3 11        DOCUMENT                                            FEE
  3 12    a.  Statement of qualification ....................... $100
  3 13    b.  Statement of foreign qualification ............... $100
  3 14    c.  Amendment to statement of qualification .......... $ 20
  3 15    d.  Amendment to statement of foreign qualification .. $ 20
  3 16    e.  Cancellation of statement of qualification ....... $ 20
  3 17    f.  Cancellation of statement of foreign 
  3 18 qualification ........................................... $ 20
  3 19    g.  Application for certificate of existence or
  3 20 qualification ........................................... $  5
  3 21    h.  Any other statement or document required or
  3 22 permitted to be filed ................................... $  5
  3 23    2.  The secretary of state shall collect a fee of
  3 24 five dollars each time process is served on the
  3 25 secretary under this chapter.  The party to a
  3 26 proceeding causing service of process is entitled to
  3 27 recover this fee as costs if the party prevails in the
  3 28 proceeding.
  3 29    3.  The secretary of state shall collect fees for
  3 30 copying and certifying the copy of any filed document
  3 31 relating to a domestic or foreign partnership as
  3 32 follows:
  3 33    a.  One dollar a page for copying.
  3 34    b.  Five dollars for the certificate.
  3 35    Sec. ___.  NEW SECTION.  486.1203  EFFECTIVE TIME
  3 36 AND DATE OF DOCUMENTS.
  3 37    1.  Except as provided in subsection 2 and section
  3 38 486.1204, subsection 3, a document accepted for filing
  3 39 is effective at the later of the following:
  3 40    a.  At the time of filing on the date it is filed,
  3 41 as evidenced by the secretary of state's date and time
  3 42 endorsement on the original document.
  3 43    b.  At the time specified in the document as its
  3 44 effective time on the date it is filed.
  3 45    2.  A document may specify a delayed effective time
  3 46 and date, and if it does so the document becomes
  3 47 effective at the time and date specified.  If a
  3 48 delayed effective date but no time is specified, the
  3 49 document is effective at the close of business on that
  3 50 date.  A delayed effective date for a document shall
  4  1 not be later than the ninetieth day after the date it
  4  2 is filed.
  4  3    Sec. ___.  NEW SECTION.  486.1204  CORRECTING FILED
  4  4 DOCUMENTS.
  4  5    1.  A partnership may correct a document filed by
  4  6 the secretary of state if the document satisfies one
  4  7 or both of the following:
  4  8    a.  The document contains an incorrect statement.
  4  9    b.  The document was defectively executed,
  4 10 attested, sealed, verified, or acknowledged.
  4 11    2.  A document is corrected by complying with both
  4 12 of the following:
  4 13    a.  By preparing a statement of correction that
  4 14 satisfies all of the following:
  4 15    (1)  The statement describes the document,
  4 16 including its filing date, or a copy of the document
  4 17 is attached to the statement.
  4 18    (2)  The statement specifies the incorrect
  4 19 statement and the reason it is incorrect or the manner
  4 20 in which the execution was defective.
  4 21    (3)  The statement corrects the incorrect statement
  4 22 or defective execution.
  4 23    b.  By delivering the statement to the secretary of
  4 24 state for filing.
  4 25    3.  Statements of corrections are effective on the
  4 26 effective date of the document they correct except as
  4 27 to persons relying on the uncorrected document and
  4 28 adversely affected by the correction.  As to those
  4 29 persons, statements of correction are effective when
  4 30 filed.
  4 31    Sec. ___.  NEW SECTION.  486.1205  FILING DUTY OF
  4 32 SECRETARY OF STATE.
  4 33    1.  If a document delivered to the office of the
  4 34 secretary of state for filing satisfies the
  4 35 requirements of section 486.1201, the secretary of
  4 36 state shall file it and issue any necessary
  4 37 certificate.
  4 38    2.  The secretary of state files a document by
  4 39 stamping or otherwise endorsing "filed", together with
  4 40 the secretary of state's name and official title and
  4 41 the date and time of receipt, on both the document and
  4 42 the receipt for the filing fee.  After filing a
  4 43 document, and except as provided in sections 486.304
  4 44 and 486.1213, the secretary of state shall deliver the
  4 45 document, with the filing fee receipt, or
  4 46 acknowledgment of receipt if no fee is required,
  4 47 attached, to the domestic or foreign partnership or
  4 48 its representative.
  4 49    3.  If the secretary of state refuses to file a
  4 50 document, the secretary of state shall return it to
  5  1 the domestic or foreign partnership or its
  5  2 representative within ten days after the document was
  5  3 received by the secretary of state, together with a
  5  4 brief, written explanation of the reason for the
  5  5 refusal.
  5  6    4.  The secretary of state's duty to file documents
  5  7 under this section is ministerial.  Filing or refusing
  5  8 to file a document does not do any of the following:
  5  9    a.  Affect the validity or invalidity of the
  5 10 document in whole or part.
  5 11    b.  Relate to the correctness or incorrectness of
  5 12 information contained in the document.
  5 13    c.  Create a presumption that the document is valid
  5 14 or invalid or that information contained in the
  5 15 document is correct or incorrect.
  5 16    Sec. ___.  NEW SECTION.  486.1206  APPEAL FROM
  5 17 SECRETARY OF STATE'S REFUSAL TO FILE DOCUMENT.
  5 18    1.  If the secretary of state refuses to file a
  5 19 document delivered to the secretary of state's office
  5 20 for filing, the domestic or foreign partnership may
  5 21 appeal the refusal, within thirty days after the
  5 22 return of the document, to the district court for the
  5 23 county in which the partnership's principal office is
  5 24 located or, if none is located in this state, for the
  5 25 county in which its registered office is or will be
  5 26 located.  The appeal is commenced by petitioning the
  5 27 court to compel filing the document and by attaching
  5 28 to the petition the document and the secretary of
  5 29 state's explanation of the refusal to file.
  5 30    2.  The court may summarily order the secretary of
  5 31 state to file the document or take other action the
  5 32 court considers appropriate.
  5 33    3.  The court's final decision may be appealed as
  5 34 in other civil proceedings.
  5 35    Sec. ___.  NEW SECTION.  486.1207  EVIDENTIARY
  5 36 EFFECT OF COPY OF FILED DOCUMENT.
  5 37    A certificate attached to a copy of a document
  5 38 filed by the secretary of state, bearing the secretary
  5 39 of state's signature, which may be in facsimile, and
  5 40 the seal of the secretary of state, is conclusive
  5 41 evidence that the original document is on file with
  5 42 the secretary of state.
  5 43    Sec. ___.  NEW SECTION.  486.1208  CERTIFICATES
  5 44 ISSUED BY SECRETARY OF STATE.
  5 45    1.  The secretary of state shall issue to any
  5 46 person, upon request, a certificate that sets forth
  5 47 any facts recorded in the office of the secretary of
  5 48 state.
  5 49    2.  A certificate issued by the secretary of state
  5 50 may be relied upon, subject to any qualification
  6  1 stated in the certificate, as prima facie evidence of
  6  2 the facts set forth in the certificate.
  6  3    Sec. ___.  NEW SECTION.  486.1209  PENALTY FOR
  6  4 SIGNING FALSE DOCUMENT.
  6  5    1.  A person commits an offense if that person
  6  6 signs a document the person knows is false in any
  6  7 material respect with intent that the document be
  6  8 delivered to the secretary of state for filing.
  6  9    2.  An offense under this section is a serious
  6 10 misdemeanor punishable by a fine not to exceed one
  6 11 thousand dollars.
  6 12    Sec. ___.  NEW SECTION.  486.1210  SECRETARY OF
  6 13 STATE POWERS.
  6 14    The secretary of state has the power reasonably
  6 15 necessary to perform the duties required of the
  6 16 secretary of state by this chapter.
  6 17    Sec. ___.  NEW SECTION.  486.1211  REGISTERED
  6 18 OFFICE AND REGISTERED AGENT.
  6 19    Each partnership that is qualified under section
  6 20 486.1001 shall continuously maintain in this state the
  6 21 following:
  6 22    1.  A registered office.
  6 23    2.  A registered agent, who is one of the
  6 24 following:
  6 25    a.  An individual who resides in this state and
  6 26 whose business office is identical with the registered
  6 27 office.
  6 28    b.  A domestic corporation whose business office is
  6 29 identical with the registered office.
  6 30    c.  A foreign corporation authorized to transact
  6 31 business in this state whose business office is
  6 32 identical with the registered office.
  6 33    Sec. ___.  NEW SECTION.  486.1212  CHANGE OF
  6 34 REGISTERED OFFICE OR REGISTERED AGENT.
  6 35    1.  A partnership may change its registered office
  6 36 or registered agent by delivering to the secretary of
  6 37 state for filing a statement of change that sets forth
  6 38 all of the following:
  6 39    a.  The name of the partnership.
  6 40    b.  The street address of its current registered
  6 41 office.
  6 42    c.  If the registered office is to be changed, the
  6 43 street address of the new registered office.
  6 44    d.  The name of its current registered agent.
  6 45    e.  If the registered agent is to be changed, the
  6 46 name of the new registered agent and the new
  6 47 registered agent's written consent to the appointment,
  6 48 either on the statement of change or in an
  6 49 accompanying document.
  6 50    f.  That, after the change or changes are made, the
  7  1 street addresses of its registered office and of the
  7  2 business office of its registered agent will be
  7  3 identical.
  7  4    2.  If a registered agent changes the street
  7  5 address of the registered agent's business office, the
  7  6 registered agent may change the street address of the
  7  7 registered office of any partnership for which the
  7  8 registered agent is the registered agent by giving
  7  9 written notice to the partnership of the change and
  7 10 executing, either manually or in facsimile, and
  7 11 delivering to the secretary of state for filing a
  7 12 statement of change that complies with the
  7 13 requirements of subsection 1 and recites that notice
  7 14 of the change has been given to the partnership.
  7 15    Sec. ___.  NEW SECTION.  486.1213  RESIGNATION OF
  7 16 REGISTERED AGENT.
  7 17    1.  The registered agent of a partnership may
  7 18 resign the agency by delivering to the secretary of
  7 19 state for filing a statement of resignation, which
  7 20 shall be accompanied by two exact or conformed copies
  7 21 of such statement.  The statement of resignation may
  7 22 include a statement that the registered office is also
  7 23 discontinued.
  7 24    2.  After filing the statement of resignation, the
  7 25 secretary of state shall deliver one copy to the
  7 26 registered office of the partnership and the other
  7 27 copy to the chief executive office of the partnership.
  7 28    3.  The agency appointment is terminated, and the
  7 29 registered office discontinued if so provided, on the
  7 30 thirty-first day after the date on which the statement
  7 31 of resignation was filed.
  7 32    Sec. ___.  NEW SECTION.  486.1214  SERVICE ON
  7 33 PARTNERSHIP.
  7 34    1.  A partnership's registered agent is the
  7 35 partnership's agent for service of any process,
  7 36 notice, or demand required or permitted by law to be
  7 37 served on the partnership.
  7 38    2.  If a partnership has no registered agent, or
  7 39 the registered agent cannot with reasonable diligence
  7 40 be served, the partnership may be served by registered
  7 41 or certified mail, return receipt requested, addressed
  7 42 to the partnership at its chief executive office.
  7 43 Service is perfected under this subsection at the
  7 44 earliest of the following:
  7 45    a.  The date the partnership receives the process,
  7 46 notice, or demand.
  7 47    b.  The date shown on the return receipt, if signed
  7 48 on behalf of the partnership.
  7 49    c.  Five days after mailing.
  7 50    3.  This section does not prescribe the only means,
  8  1 or necessarily the required means, of serving a
  8  2 partnership."
  8  3    #17.  Page 48, line 14, by striking the figure "12"
  8  4 and inserting the following:  "13".
  8  5    #18.  Page 48, line 16, by striking the figure
  8  6 "486.1201" and inserting the following:  "486.1301".
  8  7    #19.  Page 48, line 21, by striking the figure
  8  8 "486.1202" and inserting the following:  "486.1302".
  8  9    #20.  Page 48, by striking lines 32 through 35 and
  8 10 inserting the following:
  8 11    "Sec. ___.  Chapter 486, Code and Code Supplement
  8 12 1997, is repealed effective January 1, 2001.
  8 13    Sec. ___.  APPLICABILITY.
  8 14    1.  Prior to January 1, 2001, this Act applies to a
  8 15 partnership formed as follows:
  8 16    a.  On or after January 1, 1999, except a
  8 17 partnership that is continuing the business of a
  8 18 dissolved partnership under section 486.41.
  8 19    b.  Prior to January 1, 2001, if such partnership
  8 20 elects, as provided in subsection 3, to be governed by
  8 21 this Act.
  8 22    2.  On or after January 1, 2001, this Act applies
  8 23 to all partnerships.
  8 24    3.  Prior to January 1, 2001, a partnership, in the
  8 25 manner provided in its partnership agreement or by law
  8 26 for amending the partnership agreement, may
  8 27 voluntarily elect to be governed by this Act.  The
  8 28 provisions of this Act relating to the liability of
  8 29 the partnerships' partners to third parties apply to
  8 30 limit those partners' liability to a third party who
  8 31 had done business with the partnership within one year
  8 32 before the partnership's election to be governed by
  8 33 this Act only if the third party knows or has received
  8 34 a notification of the partnership's election to be
  8 35 governed by this Act.
  8 36    Sec. ___.  EFFECTIVE DATE.  This Act takes effect
  8 37 January 1, 1999."
  8 38    #21.  Title page, line 2, by inserting after word
  8 39 "providing" the following:  "penalties and".  
  8 40 
  8 41 
  8 42                               
  8 43 O. GENE MADDOX 
  8 44 SF 2311.201 77
  8 45 mj/jl/28
     

Text: S05223                            Text: S05225
Text: S05200 - S05299                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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