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323.48 Governing law.

Subdivision 1. State of organization. Subject to the constitution of this state, the laws of the jurisdiction under which a foreign limited liability partnership is organized govern its organization and internal affairs and the liability of its members. A foreign limited liability partnership may not be denied a registration in this state by reason of a difference between those laws and the laws of this state.

Subd. 2. Limitations. A foreign limited liability partnership registered in this state has no greater rights and privileges than a domestic limited liability partnership. The registration does not authorize the foreign limited liability partnership to exercise any of its powers or purposes that a domestic limited liability partnership is forbidden by law to exercise in this state.

HIST: 1995 c 128 art 3 s 19

* NOTE: This section is repealed by Laws 1997, chapter 174, *article 12, section 68, as amended by Laws 1998, chapter 262, *section 12, effective January 1, 2002.

Official Publication of the State of Minnesota
Revisor of Statutes