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2012 Statute



Prev Article 11. - FOREIGN LIMITED LIABILITY PARTNERSHIPNext


56a-1101.Law governing foreign limited liability partnership. (a) The laws under which a foreign limited liability partnership is formed govern relations among the partners and between the partners and the partnership and the liability of partners for obligations of the partnership.

(b) A foreign limited liability partnership may not be denied a statement of foreign qualification by reason of any difference between the laws under which the partnership was formed and the laws of this state.

(c) A statement of foreign qualification does not authorize a foreign limited liability partnership to engage in any business or exercise any power that a partnership may not engage in or exercise in this state as a limited liability partnership.

History: L. 1998, ch. 93, § 58; Jan. 1, 1999.



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