(1) A domestic or foreign nonprofit corporation may correct a document filed with the division if the document:
(a) contains an incorrect statement; or
(b) was defectively executed, attested, sealed, verified, or acknowledged.
(2) A document is corrected by delivering to the division for filing articles of correction that:
(a) (i) describe the document, including its filing date; or
(ii) have attached a copy of the document;
(i) (A) the incorrect statement; and
(B) the reason it is incorrect; or
(ii) the manner in which the execution, attestation, sealing, verification, or acknowledgment was defective; and
(i) the incorrect statement; or
(ii) defective execution, attestation, sealing, verification, or acknowledgment.
(3) Articles of correction may be executed by any person:
(a) designated in Subsection 16-6a-105(6); or
(b) who executed the document that is corrected.
(4) (a) Articles of correction are effective on the effective date of the document they correct except as to a person:
(i) relying on the uncorrected document; and
(ii) adversely affected by the correction.
(b) As to a person described in Subsection (4)(a), the articles of correction are effective when filed.
Enacted by Chapter 300, 2000 General Session