N.Y. Partnership Law § 121-904: Application for authority; effect

§ 121-904. Application for authority; effect. (a) Upon filing by the

department of state of the application for authority the foreign limited

partnership shall be authorized to do business in this state. Such

authority shall continue so long as it retains its authority to do

business in the jurisdiction of its formation and its authority to do

business has not been surrendered, suspended or annulled in accordance

with the law.

(b) A foreign limited partnership which has received a certificate of

authority shall have such powers to conduct business in this state as

are permitted by the laws of the jurisdiction in which it was organized

but no greater than those of a domestic limited partnership; provided,

that this subdivision shall not affect the powers of the foreign limited

partnership outside this state.