LD 1609
pg. 28
Page 27 of 148 An Act To Establish the Uniform Partnership Act Page 29 of 148
Download Bill Text
LR 1469
Item 1

 
Comment

 
(This is Section 107 of the Uniform Partnership Act (1997).)

 
The reservation of power provision is new. It is adapted from
Section 1.02 of the Revised Model Business Corporation Act
(RMBCA) and Section 1106 of RULPA.

 
As explained in the Official Comment to the RMBCA, the genesis
of those provisions is Trustees of Dartmouth College v. Woodward,
17 U.S. (4 Wheat) 518 (1819), which held that the United States
Constitution prohibits the application of newly enacted statutes
to existing corporations, while suggesting the efficacy of a
reservation of power provision. Its purpose is to avoid any
possible argument that a legal entity created pursuant to statute
or its members have a contractual or vested right in any specific
statutory provision and to ensure that the State may in the
future modify its enabling statute as it deems appropriate and
require existing entities to comply with the statutes as
modified.

 
§1008.__Forms

 
The Secretary of State may prescribe and furnish on request
forms for any documents required or permitted to be filed by this
chapter. If the Secretary of State so requires, use of these
forms is mandatory.

 
§1009.__Filing, service and copying fees

 
1.__Filing fees. The following fees must be paid to the
Secretary of State.

 
A.__For filing a statement of disassociation under section
1074, the fee is $20;

 
B.__For filing a statement of dissolution under section
1085, the fee is $75;

 
C.__For filing a statement of conversion under section 1092
or 1093, the fee is $150;

 
D.__For filing a statement of merger under section 1095, the
fee is $150;

 
E.__For any other statement required or permitted to be
filed by this chapter, the fee is $35; and

 
F.__For preclearance of any statement for filing, the fee is
$100.


Page 27 of 148 Top of Page Page 29 of 148