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Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 3302. Statement of foreign qualification

Current as of January 01, 2020 | Updated by FindLaw Staff

(a) Before transacting business in this State, a foreign limited liability partnership must file a statement of foreign qualification.  The statement must contain:

(1) The name of the foreign limited liability partnership which satisfies the requirements of section 3292 of this title and the state or other jurisdiction under whose law it is formed and ends with “Registered Limited Liability Partnership,” “Limited Liability Partnership,” “R.L.L.P.,” “L.L.P.,” “RLLP,” or “LLP.”  In the event that the name of the foreign limited liability partnership does not satisfy the requirements of section 3292 of this title, the foreign limited liability partnership shall use an available trade name to transact business in this State if it delivers to the Secretary of State for filing a copy of the statement executed by at least two partners adopting the trade name.

(2) The street address of the partnership's principal office and, if different, the street address of an office of the partnership in this State, if any.

(3) If there is no office of the partnership in this State, the name and street address of the partnership's agent for service of process.

(4) A deferred effective date, if any.

(b) The agent of a foreign limited liability partnership for service of process must be an individual who is a resident of this State or other person authorized to do business in this State.

(c) The status of a partnership as a foreign limited liability partnership is effective on the later of the filing of the statement of foreign qualification or a date specified in the statement.  The status remains effective, regardless of changes in the partnership, until it is canceled pursuant to subsection 3205(d) or revoked pursuant to section 3293 of this title.

(d) An amendment or cancellation of a statement of foreign qualification is effective when it is filed or on a deferred effective date specified in the amendment or cancellation.

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Cite this article: FindLaw.com - Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 3302. Statement of foreign qualification - last updated January 01, 2020 | https://codes.findlaw.com/vt/title-11-corporations-partnerships-and-associations/vt-st-tit-11-sect-3302/

Read this complete Vermont Statutes Title 11. Corporations, Partnerships and Associations, § 3302. Statement of foreign qualification on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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