[§425-157] Law governing foreign limited liability partnership.
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/hi/chapter-425/425-157A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§425-157] Law governing foreign limited liability partnership.
(a)The law under which a foreign limited liability partnership is formed shall govern relations among the partners, between the partners and the partnership, and the liability of partners for obligations of the partnership.
(b)A statement of foreign qualification shall not be construed to authorize a foreign limited liability partnership to engage in any business or exercise any power prohibited to a limited liability partnership in this State. [L 2000, c 218, pt of §1]