Common use of Subject to Sub Clause in Contracts

Subject to Sub. (3), if a certified copy of an effective state- ment containing a limitation on the authority to transfer real property held in the name of a partnership is recorded in the of- fice of the register of deeds for the county in which the property is located, all persons are deemed to know of the limitation.

Appears in 2 contracts

Sources: Partnership Agreement, Uniform Limited Partnership Law

Subject to Sub. (3), if a certified copy of an effective state- ment containing a limitation on the authority to transfer real property held in the name of a partnership limited liability company is recorded in the of- fice office of the register of deeds for the county in which the property is located, all persons are deemed to know of the limitation.

Appears in 1 contract

Sources: Uniform Limited Liability Company Law