| | | 5.__Obligations of contract.__Neither this chapter nor any | | amendment of this chapter may be construed to impair the | | obligations of any contract existing when this chapter or | | amendment goes into effect. |
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| | | Sec. A-3. Effective date. That section of this Part that repeals the | | Maine Revised Statutes, Title 31, chapter 9 takes effect July 1, | | 2007. |
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| | | Sec. B-1. 31 MRSA §811, first ¶, as corrected by RR 2001, c. 2, Pt. C, | | §5 and affected by §7, is amended to read: |
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| | | A limited liability partnership may be registered under this | | Act for any lawful purpose. A professional limited liability | partnership, as defined in Title 13, section 282 723, subsection | 5-A 6, is subject to the Maine Professional Service Corporation | | Act except as follows. |
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| | | Sec. B-2. 31 MRSA §821, as enacted by PL 1995, c. 633, Pt. B, §1, | | is repealed and the following enacted in its place: |
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| | | 1.__Filing of certificate.__A partnership formed under the | | Uniform Partnership Act may be registered as a registered limited | | liability partnership by signing and filing a certificate of | | limited liability partnership with the Secretary of State. |
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| | | 2.__Terms and conditions.__The terms and conditions on which a | | partnership becomes a limited liability partnership must be | | approved by the vote necessary to amend the partnership agreement | | or, in the case of a partnership agreement that expressly | | considers obligations to contribute to the partnership, by the | | vote necessary to amend those provisions. |
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| | | Sec. B-3. 31 MRSA §822, sub-§1, ¶C, as enacted by PL 1995, c. 633, Pt. | | B, §1, is amended to read: |
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| | | C. The name and the business, residence or mailing address | of the contact partner; and |
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| | | Sec. B-4. 31 MRSA §822, sub-§1, ¶C-1 is enacted to read: |
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| | | C-1.__The street address of the partnership's chief | | executive office and, if different, the street address of an | | office in the State, if any; and |
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