Arizona Revised Statutes

Ariz. Rev. Stat. § 29-314 (2026)

Liability for false statement in certificate

✓ current as of May 2026
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If any certificate of limited partnership or certificate of amendment, restated certificate of limited partnership or certificate of cancellation contains a false statement, one who suffers loss by reliance on the statement may recover damages for the loss from:

1. Any person who executes the certificate, or causes another to execute it on his behalf, and knew, and any general partner who knew or should have known, the statement to be false at the time the certificate was executed; and

2. Any general partner who thereafter knows or should have known that any arrangement or other fact described in the certificate has changed, making the statement inaccurate in any respect within a sufficient time before the statement was relied upon reasonably to have enabled that general partner to cancel or amend the certificate, or to file a petition for execution of certificate under section 29-312.

Notes of Decisions
Cited in 2 cases, 2008–2008 · leading case: City of Tucson v. Clear Channel Outdoor, Inc., 181 P.3d 219 (Ariz. Ct. App. 2008).
City of Tucson v. Clear Channel Outdoor, Inc., 181 P.3d 219 (Ariz. Ct. App. 2008). · cites it 2× “01(C) (insurance carriers not responsible for payments on industrial claims unless claims received within twenty-four months of date on which “health care provider knew or should have known that service was rendered”); A.R.S. § 29-314(1) (damage recovery allowed for reliance on…”
City of Tucson v. Clear Channel Outdoor, Inc. (Ariz. Ct. App. 2008). · cites it 2× “01(C) (insurance carriers not responsible for payments on industrial claims unless claims received within twenty-four months of date on which “health care provider knew or should have known that service was rendered”); A.”
— Ariz. Rev. Stat. § 29-314(1) — 2 cases
City of Tucson v. Clear Channel Outdoor, Inc., 181 P.3d 219 (Ariz. Ct. App. 2008). “01(C) (insurance carriers not responsible for payments on industrial claims unless claims received within twenty-four months of date on which “health care provider knew or should have known that service was rendered”); A.R.S. § 29-314(1) (damage recovery allowed for reliance on…”
City of Tucson v. Clear Channel Outdoor, Inc. (Ariz. Ct. App. 2008). “01(C) (insurance carriers not responsible for payments on industrial claims unless claims received within twenty-four months of date on which “health care provider knew or should have known that service was rendered”); A.”
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