§ 7-13.1-1151. Domestication authorized. [Effective January 1, 2023.]
(a) By complying with this subpart, a domestic limited partnership may become a foreign limited partnership if the domestication is authorized by the law of the foreign jurisdiction.
(b) By complying with the provisions of this subpart applicable to foreign limited partnerships, a foreign limited partnership may become a domestic limited partnership if the domestication is authorized by the law of the foreign limited partnership’s jurisdiction of formation.
(c) If a protected agreement contains a provision that applies to a merger of a domestic limited partnership but does not refer to a domestication, the provision applies to a domestication of the limited partnership as if the domestication were a merger until the provision is amended after January 1, 2023.
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 11 - Merger, Interest Exchange, Conversion, and Domestication [Effective January 1, 2023.]
Subpart 5 - Domestication [Effective January 1, 2023.]
Section 7-13.1-1151. - Domestication authorized. [Effective January 1, 2023.]
Section 7-13.1-1152. - Plan of domestication. [Effective January 1, 2023.]
Section 7-13.1-1153. - Approval of domestication. [Effective January 1, 2023.]
Section 7-13.1-1156. - Effect of domestication. [Effective January 1, 2023.]