§ 7-12.1-1155. Statement of domestication — Effective date of domestication. [Effective January 1, 2023.]
(a) A statement of domestication must be signed by the domesticating limited partnership and filed with the secretary of state.
(b) A statement of domestication must contain:
(1) The name and jurisdiction of formation of the domesticating limited liability partnership;
(2) The name and jurisdiction of formation of the domesticated limited liability partnership;
(3) If the domesticating limited liability partnership is a domestic limited liability partnership, a statement that the plan of domestication was approved in accordance with this part or, if the domesticating limited liability partnership is a foreign limited liability partnership, a statement that the domestication was approved in accordance with the law of its jurisdiction of formation; and
(4) The statement of qualification of the domesticated limited liability partnership, as an attachment.
(c) In addition to the requirements of subsection (b) of this section, a statement of domestication may contain any other provision not prohibited by law.
(d) The statement of qualification of a domesticated domestic limited liability partnership must satisfy the requirements of this chapter, but the statement does not need to be signed.
(e) If the domesticated entity is a domestic partnership, the domestication becomes effective when the statement of domestication is effective. If the domesticated entity is a foreign partnership, the domestication becomes effective on the later of:
(1) The date and time provided in the organic law of the domesticated entity; and
(2) When the statement is effective.
History of Section.P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-12.1 - Uniform Partnership Act [Effective January 1, 2023.]
Article 11 - Merger, Interest Exchange, Conversion, and Domestication [Effective January 1, 2023.]
Part 5 - Domestication [Effective January 1, 2023.]
Section 7-12.1-1151. - Domestication authorized. [Effective January 1, 2023.]
Section 7-12.1-1152. - Plan of domestication. [Effective January 1, 2023.]
Section 7-12.1-1153. - Approval of domestication. [Effective January 1, 2023.]
Section 7-12.1-1156. - Effect of domestication. [Effective January 1, 2023.]