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323.46 Applicability to foreign and interstate commerce.

Subdivision 1. Conducting business. A domestic partnership, including a domestic limited liability partnership, formed and existing under this chapter, may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state, territory, district, or possession of the United States or in any foreign country.

Subd. 2. Governing law. It is the policy of this state that the internal affairs of domestic partnerships, including domestic limited liability partnerships, existing under this chapter, including the liability of partners for debts and obligations of partnerships, are subject to and governed by the laws of this state.

HIST: 1994 c 539 s 18; 1995 c 128 art 3 s 18

Official Publication of the State of Minnesota
Revisor of Statutes