Failure to File Under Chapter for Three Consecutive Years

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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.)


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