North Carolina § 59-90 Law governing foreign limited liability partnership

North Carolina Statutes

§ 59-90 — Law governing foreign limited liability partnership

North Carolina·Ch. 59 Partnership·Art. 4A Foreign Limited Liability Partnerships

(a)The law of the state or jurisdiction under which a foreign limited liability partnership is formed governs 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 registration by reason of any difference between the law under which the partnership was formed and the law of this State.

(c)A statement of foreign registration 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 registered limited liability partnership. (1999-362, s. 10.)

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The law of the state or jurisdiction under which a foreign limited liability partnership is formed governs 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 registration by reason of any difference between the law under which the partnership was formed and the law of this State.
(c) A statement of foreign registration 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 registered limited liability partnership. (1999-362, s. 10.)

North Carolina § 59-90 (Law governing foreign limited liability partnership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.