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New Mexico · Through 2022-05-12

54-1A-1101: Law governing foreign limited liability partnership.

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Where this section sits in the code
  1. Chapter 54 - Partnerships
  2. ARTICLE 1A Uniform Partnerships

(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 may 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.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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