LD 1767
pg. 44
Page 43 of 54 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 45 of 54
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LR 2593
Item 1

 
to its last registered or principal office in its jurisdiction of
organization.

 
2.__Revocation.__The foreign partnership's status as a limited
liability partnership is revoked if within 60 days after the
notice under subsection 1 was issued the Secretary of State
determines that the foreign limited liability partnership has
failed to correct the ground or grounds for revocation.__The
Secretary of State shall send notice to the foreign partnership
at the partnership's last registered office address in this State
and to its last registered or principal office address in its
jurisdiction of registration that recites the ground or grounds
for revocation of the foreign partnership's status as a limited
liability partnership and the effective date of revocation.

 
3.__Authority to transact business ceases.__The authority of a
foreign limited liability partnership to transact business in
this State ceases on the date of revocation of its authority.

 
4.__Secretary of State appointed as agent for service of
process.__The Secretary of State's revocation of a foreign
limited liability partnership's authority appoints the Secretary
of State as the foreign limited liability partnership's agent for
service of process in any proceeding based on a cause of action
that arose during the time the foreign limited liability
partnership was authorized to transact business in this State.
Service of process on the Secretary of State under this
subsection is service on the foreign limited liability
partnership. Upon receipt of process, the Secretary of State
shall mail a copy of the process to the foreign limited liability
partnership at its principal office shown in its most recent
annual report or in any subsequent communication received from
the limited liability partnership stating the current mailing
address of its principal office or, if no other address is on
file, in its application for authority.

 
5.__Registered agent; not terminated.__Revocation of a foreign
limited liability partnership's authority to transact business in
this State does not terminate the authority of the registered
agent of the limited liability partnership.

 
6.__Authorization after revocation.__A foreign limited
liability partnership whose authority to transact business in
this State has been revoked under this section and that wishes to
transact business again in this State may be reinstated pursuant
to section 859-D.

 
§859-C.__Appeal from revocation


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