Note: This version of section effective until 1-1-2018. See also following repeal of this chapter, effective 1-1-2018.

1. (1) contains an incorrect statement; or
2. (2) was defectively executed.

3. (b) A document is corrected:

   1. (1) by preparing articles of correction that:

      1. (A) describe the document, including the filing date, or attach a copy of it to the articles;
      2. (B) specifies the incorrect statement and the reason it is incorrect or the manner in which the execution was defective; and
      3. (C) corrects the incorrect statement or defective execution; and
   2. (2) by delivering the articles of correction to the secretary of state for filing.
4. (c) Articles of correction are effective on the effective date of the document being corrected except as to persons reasonably relying on the uncorrected document and adversely affected by the correction. As to those persons, articles of correction are effective when filed or when the reliance ceases to be reasonable, whichever occurs first.

Sec. 5. (a) A domestic or foreign limited liability company may correct a document filed by the secretary of state if the document:

As added by P.L.8-1993, SEC.301.