PART X. 
FOREIGN LIMITED LIABILITY COMPANIES



 



[§428-1001]  Law governing foreign limited
liability companies.  (a)  The laws of the state or other jurisdiction
under which a foreign limited liability company is organized shall govern its
organization and internal affairs and the liability of its managers, members,
and their transferees.



(b)  A foreign limited liability company may
not be denied a certificate of authority by reason of any difference between
the laws of another jurisdiction under which the foreign limited liability
company is organized and the laws of this State.



(c)  A certificate of authority does not
authorize a foreign limited liability company to engage in any business or
exercise any power that a limited liability company may not engage in or
exercise in this State. [L 1996, c 92, pt of §1]