Alaska Statutes (Last Updated: January 11, 2017) |
Title 32. PARTNERSHIP. |
Chapter 32.06. UNIFORM PARTNERSHIP ACT. |
Article 32.06.09. LIMITED LIABILITY PARTNERSHIPS. |
Section 32.06.923. Effect of failure to have statement of foreign qualification.
Latest version.
-
(a) A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification.
(b) The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in this state.
(c) A limitation on personal liability of a partner is not waived solely by transacting business in this state without a statement of foreign qualification.
(d) If a foreign limited liability partnership transacts business in this state without a statement of foreign qualification, the commissioner is its agent for service of process with respect to a right of action arising out of the transaction of business in this state.
Notes
History
(Sec. 6 ch 115 SLA 2000)