R.I. Gen. Laws § 7-12.1-1153: Approval of domestication.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 12.1 Uniform Partnership Act
- Article 11 Merger, Interest Exchange, Conversion, and Domestication
- Part 5 Domestication
(a) A plan of domestication of a domestic domesticating limited liability partnership is not effective unless it has been approved:
(1) By all the partners entitled to vote on or consent to any matter; and
(2) In a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that are incurred after the domestication becomes effective, unless:
(i) The partnership agreement of the domesticating partnership in a record provides for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the affirmative vote or consent of fewer than all the partners; and
(ii) The partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision.
(b) A domestication of a foreign domesticating limited liability partnership is not effective unless it is approved in accordance with the law of the foreign limited liability partnership’s jurisdiction of formation.
Collected 2026-09-05T19:41:54Z. Source file · JSON