Section 32.06.921. Law governing foreign limited liability partnerships.

   (a) The law under which a foreign limited liability partnership is formed governs relations between and among the partners and between the partners and the partnership and the liability of partners for obligations of the partnership.
   (b) A foreign limited liability partnership may not be denied a statement of foreign qualification by reason of any difference between the law under which the partnership was formed and the law of this state.
   (c) A statement of foreign qualification does not authorize a foreign limited liability partnership to engage in a business or exercise a power that a partnership may not engage in or exercise in this state as a limited liability partnership.

Authorities

32.06.924;32.06.925

Notes

References

AS 32.06.924 Activities not constituting transacting business.
AS 32.06.925 Action by attorney general.

History

(Sec. 6 ch 115 SLA 2000)