Rhode Island General Laws
Subpart 5 - Domestication [Effective January 1, 2023.]
Section 7-13.1-1153. - Approval of domestication. [Effective January 1, 2023.]

§ 7-13.1-1153. Approval of domestication. [Effective January 1, 2023.]
(a) A plan of domestication of a domestic domesticating limited partnership is not effective unless it has been approved:
(1) By all the partners entitled to vote on or consent to any matter; and
(2) In a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that are incurred after the domestication becomes effective, unless:
(i) The partnership agreement of the domesticating partnership in a record provides for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the affirmative vote or consent of fewer than all the partners; and
(ii) The partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision.
(b) A domestication of a foreign domesticating limited partnership is not effective unless it is approved in accordance with the law of the foreign limited partnership’s jurisdiction of formation.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.

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