The writing to cancel a certificate shall be signed

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The writing to cancel a certificate shall be signed by all members. A person desiring the cancellation or amendment of a certificate , if any person designated in the first and second paragraphs as a person who must execute the writing refuses to do so, may petition the court to order the cancellation or amendment thereof.
If the court finds that the petitioner has a right to have the writing executed by a person who refuses to do so, it shall order the Securities and Exchange Commission where the certificate is recorded to record the cancellation or amendment of the certificate; and when the certificate is to be amended , the court shall also cause to be filed for record in said office a certified copy of its decree setting forth the amendment. A certificate is amended or cancelled when there is filed for record in the Office of the Securities and Exchange Commission, where the certificate is recorded. (1) A writing in accordance with the provisions of the first or second paragraph, or (2) A certified copy of the order of court in accordance with the provisions of the fourth paragraph; (3) After the certificate is duly amended in accordance with this article, the amended certificate shall thereafter be for all purposes the certificate provided for in this Chapter. Art. 1867. A limited partnership formed under the law prior to the effectivity of this Code, may become a limited partnership under this Chapter by complying with the provisions of Article 1844, provided the certificate sets forth: (1) The amount of the original contribution of each limited partner, and the time when the contributions was made; and (2) That the property of the partnership exceeds the amount sufficient to discharge its liabilities to persons not claiming as general or limited partners by an amount greater than the sum of the contributions of its limited partners. A limited partnership formed under the law prior to the effectivity of this Code, until or unless it becomes a limited partnership under this chapter, shall continue to be governed by the provisions of the old law. Generalizations Students would be able to comprehend the key concepts of the lesson by reading and analyzing the provisions of law, and by taking into consideration the self-examination guide questions. In addition, the Professor will deliver a forty-minute synchronous ONLINE learning lecture through ZOOM. Here are the self-examination guide questions: Art. 1843 a. This provision was already tackled. For review purposes, what is the concept of limited partnership? b. What are the characteristics of limited partnership?
c. What are the differences between a general partner /partnership and a limited partner/partnership? Art. 1844. a. What are the requirements for formation of a limited partnership? b. How prescribed certificate for limited partnership are executed?

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