LD 1609
pg. 113
Page 112 of 146 PUBLIC Law Chapter 543 Page 114 of 146
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LR 1469
Item 1

 
FOREIGN LIMITED PARTNERSHIPS

 
§1411.__Governing law

 
1.__Law under which organized governs.__The laws of the State
or other jurisdiction under which a foreign limited partnership
is organized govern relations among the partners of the foreign
limited partnership and between the partners and the foreign
limited partnership and the liability of partners as partners for
an obligation of the foreign limited partnership.

 
2.__Difference in laws.__A foreign limited partnership may not
be denied a certificate of authority under this subchapter by
reason of any difference between the laws of the jurisdiction
under which the foreign limited partnership is organized and the
laws of this State.

 
3.__Certificate of authority.__A certificate of authority
under this subchapter does not authorize a foreign limited
partnership to engage in any business or exercise any power that
a limited partnership may not engage in or exercise in this
State.

 
§1412.__Application for certificate of authority

 
1.__Application.__A foreign limited partnership may apply for
a certificate of authority to transact business in this State by
delivering an application to the Secretary of State for filing.
The application must state:

 
A.__The name of the foreign limited partnership and, if the
name does not comply with section 1308, the name under which
it proposes to apply for authority to do business pursuant
to section 1415, subsection 1;

 
B.__The name of the State or other jurisdiction under whose
law the foreign limited partnership is organized and its
date of formation;

 
C.__The street and mailing address of the foreign limited
partnership's principal office and, if the laws of the
jurisdiction under which the foreign limited partnership is
organized require the foreign limited partnership to
maintain an office in that jurisdiction, the street and
mailing address of the required office;

 
D.__The name and street and mailing address of the foreign
limited partnership's initial registered agent and office in
this State;


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