A partnership formed under the Uniform Partnership Act may be registered as a registered limited liability partnership by signing and filing a certificate of limited liability partnership with the Secretary of State. [PL 1995, c. 633, Pt. B, §1 (NEW).]
1. Filing of certificate. A partnership formed under the Uniform Partnership Act may be registered as a registered limited liability partnership by signing and filing a certificate of limited liability partnership with the Secretary of State.

[PL 2005, c. 543, Pt. B, §2 (NEW); PL 2005, c. 543, Pt. B, §15 (AFF).]

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Terms Used In Maine Revised Statutes Title 31 Sec. 821

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Registered limited liability partnership: means a partnership formed pursuant to an agreement governed by the Uniform Partnership Act and registered under this Act. See Maine Revised Statutes Title 31 Sec. 802-A
2. Terms and conditions. The terms and conditions on which a partnership becomes a limited liability partnership must be approved by the vote necessary to amend the partnership agreement or, in the case of a partnership agreement that expressly considers obligations to contribute to the partnership, by the vote necessary to amend those provisions.

[PL 2005, c. 543, Pt. B, §2 (NEW); PL 2005, c. 543, Pt. B, §15 (AFF).]

SECTION HISTORY

PL 1995, c. 633, §B1 (NEW). PL 2005, c. 543, §B2 (RPR). PL 2005, c. 543, §B15 (AFF).