Arkansas Code Title 4. Business and Commercial Law § 4-46-1101. Law governing foreign limited liability partnership

(a) The laws under which a foreign limited liability partnership is formed govern relations among the partners and between the partners and the partnership and the liability of partners for obligations of the partnership.

(b) A foreign limited liability partnership may not be denied a statement of foreign qualification by reason of any difference between the laws under which the partnership was formed and the laws of this State.

(c) A statement of foreign qualification does not authorize a foreign limited liability partnership to engage in any business or exercise any power that a partnership may not engage in or exercise in this State as a limited liability partnership.

Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-46-1101. Law governing foreign limited liability partnership - last updated January 01, 2020 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-46-1101.html


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