§ 45-22-18 — Foreign limited liability partnership - Governing law

North Dakota § 45-22-18

• Jurisdiction: North Dakota
• Title 45: Partnerships
• Ch. 45-22: Limited Liability Partnerships

Text

1. The laws of the foreign limited liability partnership's jurisdiction of origin govern:
a. The relations among the partners of a foreign limited liability partnership, or the
relations between any partner or partners of a foreign limited liability partnership
and the foreign limited liability partnership; and
b. The liability of partners for obligations of a foreign limited liability partnership.
2. A foreign limited liability partnership may not be denied registration to transact
business in this state by reason of any difference between the laws of the foreign
limited liability partnership's jurisdiction of origin and the laws of this state.
3. A foreign limited liability partnership holding a valid registration in this state has the
same, but no greater, rights and privileges as a domestic limited liability partnership.
The registration does not authorize the foreign limited liability partnership to engage in
any business or exercise any power that a domestic limited liability partnership may
not engage in or exercise as a limited liability partnership.