Rhode Island General Laws
Chapter 7-12 - Partnerships
Section 7-12-59. - Applicability to foreign and interstate commerce. [Repealed effective January 1, 2023.]

§ 7-12-59. Applicability to foreign and interstate commerce. [Repealed effective January 1, 2023.]
(a) A partnership, including a registered limited-liability partnership, formed and existing pursuant to an agreement governed by this chapter, 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.
(b) It is the intent of the general assembly that the legal existence of partnerships, including registered limited-liability partnerships, formed in this state are recognized outside the boundaries of this state and that, subject to any reasonable requirement of registration, a partnership, including a registered limited-liability partnership, formed pursuant to an agreement governed by this chapter and transacting business outside this state is granted the protection of full faith and credit under the Constitution of the United States.
(c) The liability of partners in a partnership, including registered limited-liability partnerships, formed and existing pursuant to an agreement governed by this chapter for the debts and obligations of the partnership, is at all times determined exclusively by the laws of this state.
(d) Before transacting business in this state, a foreign registered limited-liability partnership shall comply with any statutory or administrative registration or filing requirements governing the specific type of business in which the partnership is engaged, and file a notice with the secretary of state, on any forms that the Secretary provides, stating:
(1) The name of the partnership;
(2) The jurisdiction, the laws of which govern its partnership agreement and under which it is registered as a limited-liability partnership;
(3) The address of its principal office;
(4) If the partnership’s principal office is not located in this state;
(5) The address of a registered office and the name and address of a registered agent for service of process in this state that the partnership shall be required to maintain;
(6) The names and addresses of all resident partners in this state;
(7) A brief statement of the business in which the partnership engages;
(8) Any other information that the partnership determines to include;
(9) A statement that the partnership is a registered limited-liability partnership. The notice shall be accompanied by a fee of one thousand dollars ($1,000). The notice is effective for two (2) years from the date of filing, after which time the partnership shall file a new notice. The filing of the notice with the secretary of state makes it unnecessary to file any other documents under §§ 6-1-1 — 6-1-4.
(e) The name of a foreign registered limited-liability partnership doing business in this state shall contain the words “Registered Limited-Liability Partnership” or “L.L.P.” or “LLP”, or any other similar words or abbreviation as are required or authorized by the laws of the state where the partnership is registered, as the last words or letters of its name.
(f) The internal affairs of foreign registered limited-liability partnerships, including the liability of partners for debts, obligations, and liabilities of, or chargeable to, the partnership or another partner or partners, are subject to and governed by the laws of the jurisdiction in which the foreign registered limited-liability partnership is registered.
History of Section.P.L. 1996, ch. 270, § 2; P.L. 1998, ch. 235, § 1; P.L. 2012, ch. 69, § 1; P.L. 2012, ch. 80, § 1.
§ 7-12-59. [Repealed effective January 1, 2023.]
History of Section.P.L. 1996, ch. 270, § 2; P.L. 1998, ch. 235, § 1; P.L. 2012, ch. 69, § 1; P.L. 2012, ch. 80, § 1; repealed by P.L. 2022, ch. 123, § 1, effective January 1, 2023; repealed by P.L. 2022, ch. 124, § 1, effective January 1, 2023.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 7 - Corporations, Associations and Partnerships

Chapter 7-12 - Partnerships

Section 7-12-1. - Provisions in partnership agreements deemed nontestamentary.

Section 7-12-2. - Death of partner — Statement delivered to administrator or executor.

Section 7-12-3. - Examination of books and property by representative of deceased partner.

Section 7-12-4. - Separate composition with creditors on dissolution of partnership.

Section 7-12-5. - Separate composition as full discharge of partner.

Section 7-12-6. - Payment by partner in excess of his or her proportion.

Section 7-12-7. - Insolvency or absconding of partner.

Section 7-12-8. - Memorandum exonerating partner on separate composition.

Section 7-12-9. - Partners not discharged by separate composition — Defenses to creditor’s action.

Section 7-12-10. - Application to joint debtors.

Section 7-12-11. - Limited partnership law unaffected.

Section 7-12-12. - Short title. [Repealed effective January 1, 2023.]

Section 7-12-13. - Definitions. [Repealed effective January 1, 2023.]

Section 7-12-14. - Interpretation of knowledge and notice. [Repealed effective January 1, 2023.]

Section 7-12-15. - Rules of construction. [Repealed effective January 1, 2023.]

Section 7-12-16. - Rules for cases not provided for. [Repealed effective January 1, 2023.]

Section 7-12-17. - Partnership defined. [Repealed effective January 1, 2023.]

Section 7-12-18. - Rules for determining the existence of a partnership. [Repealed effective January 1, 2023.]

Section 7-12-19. - Partnership property. [Repealed effective January 1, 2023.]

Section 7-12-20. - Partner agent of partnership as to partnership business. [Repealed effective January 1, 2023.]

Section 7-12-21. - Conveyance of real property of the partnership. [Repealed effective January 1, 2023.]

Section 7-12-22. - Partnership bound by admission of partner. [Repealed effective January 1, 2023.]

Section 7-12-23. - Partnership charged with knowledge of or notice to partner. [Repealed effective January 1, 2023.]

Section 7-12-24. - Partnership bound by partner’s wrongful act. [Repealed effective January 1, 2023.]

Section 7-12-25. - Partnership bound by partner’s breach of trust. [Repealed effective January 1, 2023.]

Section 7-12-26. - Nature of partner’s liability. [Repealed effective January 1, 2023.]

Section 7-12-27. - Partner by estoppel. [Repealed effective January 1, 2023.]

Section 7-12-28. - Liability of incoming partner. [Repealed effective January 1, 2023.]

Section 7-12-29. - Rules determining rights and duties of partners. [Repealed effective January 1, 2023.]

Section 7-12-30. - Partnership books. [Repealed effective January 1, 2023.]

Section 7-12-31. - Duty of partners to render information. [Repealed effective January 1, 2023.]

Section 7-12-31.1. - Nature of business.

Section 7-12-32. - Partner accountable as a fiduciary. [Repealed effective January 1, 2023.]

Section 7-12-33. - Right to an account. [Repealed effective January 1, 2023.]

Section 7-12-34. - Continuation of partnership beyond fixed term. [Repealed effective January 1, 2023.]

Section 7-12-35. - Extent of property rights of a partner. [Repealed effective January 1, 2023.]

Section 7-12-36. - Nature of a partner’s right in specific partnership property. [Repealed effective January 1, 2023.]

Section 7-12-37. - Nature of partner’s interest in the partnership. [Repealed effective January 1, 2023.]

Section 7-12-38. - Assignment of partner’s interest. [Repealed effective January 1, 2023.]

Section 7-12-39. - Partner’s interest subject to charging order. [Repealed effective January 1, 2023.]

Section 7-12-40. - Dissolution defined. [Repealed effective January 1, 2023.]

Section 7-12-41. - Partnership not terminated by dissolution. [Repealed effective January 1, 2023.]

Section 7-12-42. - Causes of dissolution. [Repealed effective January 1, 2023.]

Section 7-12-43. - Dissolution by decree of court. [Repealed effective January 1, 2023.]

Section 7-12-44. - General effect of dissolution on authority of partner. [Repealed effective January 1, 2023.]

Section 7-12-45. - Right of partner to contribution from copartners after dissolution. [Repealed effective January 1, 2023.]

Section 7-12-46. - Power of partner to bind partnership to third persons after dissolution. [Repealed effective January 1, 2023.]

Section 7-12-47. - Effect of dissolution on partner’s existing liability. [Repealed effective January 1, 2023.]

Section 7-12-48. - Right to wind up. [Repealed effective January 1, 2023.]

Section 7-12-49. - Rights of partners to application of partnership property. [Repealed effective January 1, 2023.]

Section 7-12-50. - Rights where partnership is dissolved for fraud or misrepresentation. [Repealed effective January 1, 2023.]

Section 7-12-51. - Rules for distribution. [Repealed effective January 1, 2023.]

Section 7-12-52. - Liability of persons continuing the business in certain cases. [Repealed effective January 1, 2023.]

Section 7-12-53. - Rights of retiring or estate of deceased partner when the business is continued. [Repealed effective January 1, 2023.]

Section 7-12-54. - Accrual of actions. [Repealed effective January 1, 2023.]

Section 7-12-55. - Other laws preserved. [Repealed effective January 1, 2023.]

Section 7-12-56. - Registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-57. - Name of registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-58. - Insurance or financial responsibility of registered limited-liability partnerships. [Repealed effective January 1, 2023.]

Section 7-12-59. - Applicability to foreign and interstate commerce. [Repealed effective January 1, 2023.]

Section 7-12-60. - Filing of returns with the tax administrator — Annual charge.