449.47 Foreign limited liability partnership.

215 words·~1 min read·/mi/chapter-449/449-47

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 47.

(1)A registered limited liability partnership formed under the laws of another state, territory, district, or possession of the United States or another country shall not conduct business in this state until the partnership has registered with the department and paid a registration fee of $100.00.

(2)The registration form shall contain the same information as required by section 44(1) and the address of its registered office and the name and address of its registered agent for service of process.

(3)The registration is effective immediately upon filing with the department and payment of the registration fee and shall remain in effect for 1 year from the effective date under this section.

(4)A registration may be renewed for 1 year by filing with the department a renewal registration and the payment of a renewal fee of $100.00.

(5)Except as otherwise provided by this act, a foreign limited liability partnership shall be governed by the laws under which it was formed.

(6)The name of a partnership doing business in this state under this section shall contain the words “limited liability partnership” or the abbreviation “L.L.P.” or “LLP” as the last words or letters of its name.

History: Add. 1994, Act 323, Imd. Eff. Oct. 12, 1994