[§425-161]  Foreign limited liability
partnerships; effect of failure to qualify.  (a)  A foreign limited
liability partnership engaged in the transaction of business in this State
shall not maintain an action or proceeding in this State unless it has in effect
a statement of foreign qualification.



(b)  The failure of a foreign limited liability
partnership to have in effect a statement of foreign qualification shall not
impair the validity of a contract or act of the foreign limited liability
partnership or preclude it from defending an action or proceeding in this
State.



(c)  A limitation on personal liability of a
partner is not waived solely by the transaction of business in this State
without a statement of foreign qualification.



(d)  If a foreign limited liability partnership
transacts business in this State without a statement of foreign qualification,
the director shall be its agent for service of process with respect to a right
of action arising out of a business transaction in this State. [L 2000, c 218,
pt of §1]