Governing law

Checkout our iOS App for a better way to browser and research.

§1006. Governing law

1.  Partnership.  Except as otherwise provided in a filed statement, in a written partnership agreement or in subsection 2, the law of the jurisdiction in which a partnership has its chief executive office governs relations among the partners and between the partners and the partnership.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

2.  Limited liability partnership.  The law of this State governs relations among the partners and between the partners and the partnership and the liability of partners for an obligation of a limited liability partnership.  

[PL 2005, c. 543, Pt. A, §2 (NEW).]

SECTION HISTORY

PL 2005, c. 543, §A2 (NEW).


Download our app to see the most-to-date content.