53-3-1103 EFFECT OF FAILURE TO QUALIFY. - Idaho Statutes

TITLE 53

PARTNERSHIP

CHAPTER 3

UNIFORM PARTNERSHIP ACT

PART 11.

FOREIGN LIMITED LIABILITY PARTNERSHIP

53-3-1103. Effect of failure to qualify. (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, service of process with respect to a right of action arising out of the transaction of business in this state may be made by registered or certified mail, return receipt requested, addressed to any partner or to the registered agent, if any, in the jurisdiction under whose laws the partnership was organized.