§425E-901 - Governing law.
ARTICLE
9. FOREIGN LIMITED PARTNERSHIPS
§425E-901 Governing law. (a)
Subject to the constitution of this State:
(1) The laws of the state under which a foreign
limited partnership is organized govern its organization and internal affairs
and the liability of its partners; and
(2) A foreign limited partnership may not be denied
registration by reason of any difference between those laws and the laws of
this State.
(b) A certificate of authority shall 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. [L 2003, c 210, pt of §1; am L 2006, c 184, §27]