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The Florida Senate

2004 Florida Statutes

Liability for false statement in certificate.
Section 620.117, Florida Statutes 2004

620.117  Liability for false statement in certificate.--If a certificate of limited partnership or certificate of amendment or cancellation contains a false statement, a person who suffers loss by reasonable reliance on that statement may recover damages for the loss from:

(1)  Any person who executed the certificate or caused another to execute it on his or her 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 material 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 its cancellation or amendment under s. 620.115

History.--s. 15, ch. 86-263; s. 119, ch. 97-102.