§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]