(a) A statutory foundation or foreign foundation may deliver to the secretary of state for filing a statement of correction to correct a record if the record contained inaccurate information or a defective signature.
(b) A statement of correction shall:
(i) Describe the record to be corrected, including its filing date, or attach a copy of the record as filed;
(ii) Specify the inaccurate information and the reason the information is inaccurate or the manner in which the signature was defective; and (iii) Correct the inaccurate information or defective signature.
(c) When filed by the secretary of state, a statement of correction is effective retroactively as of the effective date of the record the statement corrects, except that the statement shall be effective when filed in the context of persons that previously relied on the uncorrected record and would be adversely impacted by retroactive effect.