KRS 362.1-931: Statement of qualification.

(1) A partnership may become a limited liability partnership pursuant to this section.

(2) The terms and conditions on which a partnership becomes a limited liability

partnership shall be approved by the vote necessary to amend the partnership

agreement except, in the case of a partnership agreement that expressly considers

obligations to contribute to the partnership, the vote necessary to amend those

provisions.

(3) After the approval required by subsection (2) of this section, a partnership may

become a limi ted liability partnership by filing with the Secretary of State a

statement of qualification. The statement shall contain:

(a) The name of the partnership, which shall comply with KRS 14A.3-010;

(b) The address of the partnership's chief executive office a nd, if different, the

street address of an office in this Commonwealth, if any;

(c) The street address of the partnership's registered office, and the name of its

registered agent that comply with KRS 14A.4-010;

(d) A statement that the partnership elects to be a limited liability partnership; and

(e) The date any statement of partnership authority was previously filed with the

Secretary of State.

(4) The status of a partnership as a limited liability partnership remains effective,

regardless of changes in the partnership, until the statement of qualification is

canceled pursuant to KRS 362.1 -105(4) or administratively dissolved pursuant to

KRS 362.1-122.

(5) The status of a partnership as a limited liability partnership and the liability of its

partners is not affected by errors or later changes in the information required to be

contained in the statement of qualification under subsection (3) of this section.

(6) The filing of a statement of qualification establishes that a partnership has satisfied

all conditions precedent to the qualification of the partnership as a limited liability

partnership.

(7) An amendment or cancellation of a statement of qualification is effective when it is

filed or on a deferred effective date specified in the amendment or cancel lation. An

amendment to a statement of qualification shall include the date of filing of the

statement being amended and all information required in an initial statement of

qualification. A cancellation of a statement of qualification shall include the nam e

of the partnership and the date of filing of the statement of qualification.