53-3-1101 LAW GOVERNING FOREIGN LIMITED LIABILITY PARTNERSHIP. - Idaho Statutes

TITLE 53

PARTNERSHIP

CHAPTER 3

UNIFORM PARTNERSHIP ACT

PART 11.

FOREIGN LIMITED LIABILITY PARTNERSHIP

53-3-1101. Law governing foreign limited liability partnership. (a) The law under which a foreign limited liability partnership is formed governs relations 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 any business or exercise any power that a partnership may not engage in or exercise in this state as a limited liability partnership.