N.J. Stat. § 42:1A-50: Foreign limited liability partnership; law governing, effect in this State
Where this section sits in the code
- TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
50. a. The law under which a foreign limited liability partnership is formed governs relations among the partners and between the partners and the partnership and the liability of partners for obligations of the partnership.
b. A foreign limited liability partnership shall not be denied a statement of foreign qualification by reason of any difference between the law under which the partnership was formed and the law of this State.
c. A statement of foreign qualification does not authorize a foreign limited liability partnership to engage in any business or exercise any power that a partnership may not engage in or exercise in this State as a limited liability partnership.
L.2000,c.161,s.50.
Collected 2026-08-27T17:54:13Z. Source file · JSON