Effective - 28 Aug 1995
358.500. Legal existence of a registered limited liability partnership to be recognized — partnership formed in other jurisdictions, effect. — 1. A partnership, including a registered limited liability partnership, formed pursuant to an agreement governed by the laws of this state may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state, territory, district or possession of the United States or in any foreign country.
2. The legal existence of a registered limited liability partnership formed pursuant to an agreement governed by the laws of this state shall be recognized outside this state and the laws of this state governing such a registered limited liability partnership shall be granted full faith and credit under the Constitution of the United States.
3. The internal affairs of a partnership, including a registered limited liability partnership, formed pursuant to an agreement governed by the laws of this state, including the liability of partners for debts, obligations, and liabilities of or chargeable to the partnership, shall be subject to and governed by the laws of this state.
4. The internal affairs of a partnership, including a limited liability partnership, formed pursuant to an agreement governed by the laws of another jurisdiction, including the liability of partners for debts, obligations and liabilities of, or chargeable to the partnership, shall be subject to, and governed by, the laws of such other jurisdiction.
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(L. 1995 H.B. 558)
Structure Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 358 - Uniform Partnership Law
Section 358.010 - Name of law.
Section 358.020 - Definitions.
Section 358.030 - Interpretation of knowledge and notice.
Section 358.040 - Rules of construction.
Section 358.050 - Rules for cases not provided for in this law.
Section 358.060 - Partnership defined.
Section 358.065 - Partnerships to register fictitious names, procedure.
Section 358.070 - Rules for determining the existence of a partnership.
Section 358.080 - Partnership property.
Section 358.090 - Partner agent of partnership as to partnership business.
Section 358.100 - Conveyance of real property of the partnership.
Section 358.110 - Partnership bound by admission of partner.
Section 358.120 - Partnership charged with knowledge of or notice to partner.
Section 358.130 - Partnership bound by partner's wrongful act.
Section 358.140 - Partnership bound by partner's breach of trust.
Section 358.150 - Nature of partner's liability.
Section 358.160 - Partner by estoppel.
Section 358.170 - Liability of incoming partner.
Section 358.180 - Rules determining rights and duties of partners.
Section 358.190 - Partnership books.
Section 358.200 - Duty of partners to render information.
Section 358.210 - Partner accountable as a fiduciary.
Section 358.220 - Right to an account.
Section 358.230 - Continuation of partnership beyond fixed term.
Section 358.240 - Extent of property rights of a partner.
Section 358.250 - Nature of a partner's right in specific partnership property.
Section 358.260 - Nature of partner's interest in the partnership.
Section 358.270 - Assignment of partner's interest.
Section 358.280 - Partner's interest subject to charging order.
Section 358.290 - Dissolution defined.
Section 358.300 - Partnership not terminated by dissolution.
Section 358.310 - Causes of dissolution.
Section 358.320 - Dissolution by decree of court.
Section 358.330 - General effect of dissolution on authority of partner.
Section 358.340 - Right of partner to contribution from copartners after dissolution.
Section 358.350 - Power of partner to bind partnership to third persons after dissolution.
Section 358.360 - Effect of dissolution of partner's existing liability.
Section 358.370 - Right to wind up.
Section 358.371 - Disposal of claims, notice of dissolution.
Section 358.380 - Rights of partners to application of partnership property.
Section 358.390 - Rights where partnership is dissolved for fraud or misrepresentation.
Section 358.400 - Rules for distribution.
Section 358.410 - Liability of persons continuing the business in certain cases.
Section 358.420 - Rights of retiring or estate of deceased partner when the business is continued.
Section 358.430 - Accrual of actions.
Section 358.520 - Merger or consolidation of a domestic general partnership, authorization.