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The Vermont Statutes Online
Title
11
:
Corporations, Partnerships and Associations
Chapter
025
:
LIMITED LIABILITY COMPANIES
Subchapter
002
:
ORGANIZATION
§
4027. 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) When filed
by the Secretary of State, articles of correction filed under subsection (a) of
this section are effective retroactively as of the effective date of the record
the articles correct, but the articles are effective when filed as to persons
that previously relied on the uncorrected record and would be adversely affected
by the retroactive effect. (Added 2015, No. 17, § 2.)