§ 59-210. Limited liability limited partnerships.
§ 59‑210. Limitedliability limited partnerships.
(a)Â Â Â Â Â Â Â To become a limitedliability limited partnership, a limited partnership shall file with theSecretary of State an application stating:
(1)Â Â Â Â Â Â Â The name of thelimited liability limited partnership, which must satisfy the requirements ofArticle 3 of Chapter 55D of the General Statutes.
(2)Â Â Â Â Â Â Â The street address,and mailing address if different from the street address, of its principaloffice, and the county in which the principal office is located.
(3)Â Â Â Â Â Â Â The fiscal year endof the limited liability limited partnership.
(b)Â Â Â Â Â Â Â The terms andconditions on which a limited partnership becomes a limited liability limitedpartnership shall be approved in the manner provided in the partnershipagreement; provided, however, if the partnership agreement does not contain anysuch provision, the terms and conditions must be approved (i) in the case of alimited partnership having a partnership agreement that expressly considersobligations to contribute to the partnership, in the manner necessary to amendthose provisions, or (ii) in any other case, in the manner necessary to amendthe partnership agreement.
(c)Â Â Â Â Â Â Â A limitedpartnership becomes a limited liability limited partnership when itsapplication for registration becomes effective.
(d)Â Â Â Â Â Â Â The status of alimited liability limited partnership and the liability of its partners is notaffected by errors or later changes in the information required to be containedin the application for registration.
(e)Â Â Â Â Â Â Â A limited liabilitylimited partnership shall promptly amend its registration to reflect any changein the information contained in its application for registration, other thanchanges that are properly included in other documents filed with the Secretaryof State. A registration is amended by filing a certificate of amendment withthe Secretary of State. The certificate of amendment shall set forth:
(1)Â Â Â Â Â Â Â The name of thelimited liability limited partnership as reflected on the application forregistration;
(2)Â Â Â Â Â Â Â The date of filingof the application for registration; and
(3)Â Â Â Â Â Â Â The amendment to theapplication for registration.
(f)Â Â Â Â Â Â Â Â A limitedliability limited partnership may cancel its registration by filing acertificate of cancellation with the Secretary of State. The certificate of cancellationshall set forth:
(1)Â Â Â Â Â Â Â The name of thelimited liability limited partnership as reflected on the application forregistration;
(2)Â Â Â Â Â Â Â The date of filingof the application for registration; and
(3)Â Â Â Â Â Â Â The effective dateand time of cancellation if it is not to be effective at the time of filing thecertificate.
(g)Â Â Â Â Â Â Â A limited liabilitylimited partnership shall be subject to the provisions of G.S. 59‑84.4 asif it were a registered limited liability partnership. (2001‑387, ss. 127,158; 2001‑413, s. 8.)