Illinois Code § 805 ILCS 206/1101

Law governing
Open in Lexace · Ask the AI about this section
foreign limited liability partnership.

 
(a) The law under which a foreign limited liability partnership is formed
governs relations
among the partners and between the partners and the partnership and the
liability of partners for
obligations of the partnership.

 
(b) A foreign limited liability partnership may not be denied a statement of
foreign
qualification by reason of any difference between the law under which the
partnership was
formed and the law of this State.

 
(c) A statement of foreign qualification does not authorize a foreign
limited liability
partnership to engage in any business or exercise any power that a partnership
may not engage in
or exercise in this State as a limited liability partnership.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.