§ 7-13.1-1001. Governing law. [Effective January 1, 2023.]
(a) The law of the jurisdiction of formation of a foreign limited partnership governs:
(1) The internal affairs of the partnership;
(2) The liability of a partner as partner for a debt, obligation, or other liability of the partnership; and
(3) The liability of a series of the partnership.
(b) A foreign limited partnership is not precluded from registering to do business in this state because of any difference between the law of its jurisdiction of formation and the law of this state.
(c) Registration of a foreign limited partnership to do business in this state does not authorize the foreign partnership to engage in any activities and affairs or exercise any power that a limited partnership may not engage in or exercise in this state.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]
Part 10 - Foreign Limited Partnerships [Effective January 1, 2023.]
Section 7-13.1-1001. - Governing law. [Effective January 1, 2023.]
Section 7-13.1-1002. - Registration to do business in this state. [Effective January 1, 2023.]
Section 7-13.1-1003. - Foreign registration statement. [Effective January 1, 2023.]
Section 7-13.1-1004. - Amendment of foreign registration statement. [Effective January 1, 2023.]
Section 7-13.1-1005. - Activities not constituting doing business. [Effective January 1, 2023.]
Section 7-13.1-1009. - Transfer of registration. [Effective January 1, 2023.]
Section 7-13.1-1010. - Revocation of registration. [Effective January 1, 2023.]
Section 7-13.1-1011. - Issuance of certificates of revocation. [Effective January 1, 2023.]
Section 7-13.1-1012. - Reinstatement. [Effective January 1, 2023.]
Section 7-13.1-1014. - Action by attorney general. [Effective January 1, 2023.]