31 §876. Application to existing foreign limited liability partnerships; definition (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)
Title 31: PARTNERSHIPS AND ASSOCIATIONS
Chapter 15: LIMITED LIABILITY PARTNERSHIPS HEADING: PL 1995, C. 633, PT. B, §1 (NEW)
Subchapter 4: MISCELLANEOUS HEADING: PL 1995, C. 633, PT. B, §1 (NEW)
§876. Application to existing foreign limited liability partnerships; definition
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)
All foreign limited liability partnerships qualified as foreign corporations or limited partnerships or limited liability companies before September 1, 1996 are governed by this Act on and after September 1, 1996. By December 1, 1996 a partner of each foreign limited liability partnership shall file with the Secretary of State an application for authority to do business in this State under this Act and shall cancel the partnership's authority to do business in this State under chapter 19, chapter 13 or former Title 13-A. If the foreign limited liability partnership fails to file the new application for authority to do business in this State by December 1, 1996, it must be treated as a general partnership without the status of a limited liability partnership with respect to any business conducted in this State between December 1, 1996 and the date on which it files that application. [2005, c. 543, Pt. D, §17 (AMD); 2005, c. 543, Pt. D, §18 (AFF).]
SECTION HISTORY
1995, c. 633, §B1 (NEW). RR 2001, c. 2, §B53 (COR). RR 2001, c. 2, §B58 (AFF). 2005, c. 543, §D17 (AMD). 2005, c. 543, §D18 (AFF). 2009, c. 629, Pt. A, §3 (AFF). 2009, c. 629, Pt. B, §8 (AMD).