As Amended
SEC. 79-12-99. Foreign limited liability partnership transacting business without registration.
(1) A foreign limited liability partnership transacting business in this state may not maintain any action, suit or proceeding in any court of this state until it has registered pursuant to this chapter.
(2) The failure of a foreign limited liability partnership to register in this state does not impair the validity of any contract or act of the foreign limited liability partnership or prevent the foreign limited liability partnership from defending any action, suit or proceeding in any court of this state.
(3) A partner of a foreign limited liability partnership is not liable for the debts, obligations or liabilities of the foreign limited liability partnership beyond that provided in Section 79-12-93 of this chapter solely by reason of the foreign limited liability partnership having transacted business in this state without registration.
(4) By transacting business in this state without registration, a foreign limited liability partnership appoints the Secretary of State as its registered agent for service of process with respect to causes of action arising out of the transaction of business in this state.
SOURCES: Laws, 1995, ch. 353, Sec. 15, eff from and after July 1, 1995