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2018 Georgia Code 14-9-206.7 | Car Wreck Lawyer

TITLE 14 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Section 9. Revised Uniform Limited Partnership Act, 14-9-100 through 14-9-1204.

ARTICLE 2 FORMATION, AMENDMENT, CANCELLATION, MERGER

14-9-206.7. Failure to file under chapter for three consecutive years.

A limited partnership, domestic or foreign, which fails for three consecutive years to meet any filing requirement of this chapter may be placed on an inactive filing status in the automated data base of the Secretary of State and its name shall become available for reservation pursuant to Code Section 14-9-103. Such inactive status shall not affect any limitation on personal liability of a limited partner as provided by this chapter.

(Code 1981, §14-9-206.7, enacted by Ga. L. 1988, p. 1016, § 1.)

COMMENT

Note to Georgia Revised Uniform Limited Partnership Act This section provides for the consequences of failing to file the annual registration for three consecutive years: The partnership may be placed on inactive filing status and its name shall become available for reservation.

Prior Georgia Law There is no comparable provision.

Comparison With Official RULPA There is no comparable provision in the official version.

Cross-References Duty to file annual registration and contents of registration: § 14-9-206.5. Reservation of limited partnership name: § 14-9-103. Secretary of State rule regarding penalty for failure to file: 590-7-13-.10.

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