Statement of Foreign Qualification

4 CMC § 40186 — under Uniform Partnership Act.

4 CMC § 40186

TITLE 4: ECONOMIC RESOURCES

DIVISION 4: CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS

§ 40186. Statement of Foreign Qualification. (a) Before transacting business in this Commonwealth, a foreign limited liability partnership must file a statement of foreign qualification. The statement must contain: (1) the name of the foreign limited liability partnership which satisfies the requirements of the state or other jurisdiction under whose law it is formed and ends with "Registered Limited Liability Partnership," "Limited Liability Partnership," "R.L.L.P.," "L.L.P.," "RLLP," or "LLP;" (2) the street address of the partnership's chief executive office and, if different, the street address of an office of the partnership in this Commonwealth, if any; (3) if there is no office of the partnership in this Commonwealth, the name and street address of the partnership's agent for service of process; and (4) a deferred effective date, if any. (b) The agent of a foreign limited liability company for service of process must be an individual who is a resident of this Commonwealth or other person authorized to do business in this Commonwealth. (c) The status of a partnership as a foreign limited liability partnership is effective on the later of the filing of the statement of foreign qualification or a date specified in the statement. The status remains effective, regardless of changes in the partnership, until it is canceled pursuant to 4 CMC § 40105(d) or revoked pursuant to 4 CMC § 40183. (d) An amendment or cancellation of a statement of foreign qualification is effective when it is filed or on a deferred effective date specified in the amendment or cancellation. Source: PL 15-88, § 2(1102), modified. Commission Comment: The Commission replaced PL 15-88 section references with corresponding code sections, changed capitalization and inserted punctuation inside quotation marks pursuant to 1 CMC § 3806(c), (f) and (g).