31 §711. Laws governing foreign limited liability companies (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11) - Maine Statutes

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 10: FOREIGN LIMITED LIABILITY COMPANIES

§711. Laws governing foreign limited liability companies

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

1. Laws governing. Unless otherwise provided by the Constitution of Maine:

A. The laws of the state or country under which a foreign limited liability company is organized govern its organization and internal affairs and the liability of its members; and [1993, c. 718, Pt. A, §1 (NEW).]

B. A foreign limited liability company may not be denied the authority to do business by reason of a difference between the laws referred to in this subsection and the laws of this State. [1993, c. 718, Pt. A, §1 (NEW).]

[ 1993, c. 718, Pt. A, §1 (NEW) .]

2. Type of business. A foreign limited liability company may transact any business in this State that may be transacted by a domestic limited liability company.

[ 1993, c. 718, Pt. A, §1 (NEW) .]

SECTION HISTORY

1993, c. 718, §A1 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).