North Carolina General Statutes 59-84.2. Registered limited liability partnerships
(a) A partnership whose internal affairs are governed by the laws of this State, other than a limited partnership, may become a registered limited liability partnership by filing with the Secretary of State an application stating all of the following:
(1) The name of the partnership.
Terms Used In North Carolina General Statutes 59-84.2
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- 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.
- Service of process: The service of writs or summonses to the appropriate party.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(2) The street address, and the mailing address if different from the street address, of its principal office and the county in which the principal office is located.
(3) The name and street address, and the mailing address if different from the street address, of the partnership’s registered agent and registered office for service of process.
(4) The county in this State in which the registered office is located.
(5) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(6) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(7) The fiscal year end of the partnership.
(a1) The terms and conditions on which a partnership becomes a limited liability partnership must be approved in the manner provided in the partnership agreement; provided, however, if the partnership agreement does not contain any such provision, the terms and conditions shall be approved (i) in the case of a partnership having a partnership agreement that expressly considers obligations to contribute to the partnership, in the manner necessary to amend those provisions, or (ii) in any other case, in the manner necessary to amend the partnership agreement.
(b) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(c) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(d) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(e) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(f) Repealed by Session Laws 2001-387, s. 156(b), effective January 1, 2002.
(f1) A partnership becomes a registered limited liability partnership when its application for registration becomes effective.
(g) The status of a registered limited liability partnership and the liability of its partners is not affected by errors or later changes in the information required to be contained in the application for registration.
(h) A partnership shall promptly amend its registration to reflect any change in the information contained in its application for registration, other than changes that are properly included in other documents filed with the Secretary of State. A registration is amended by filing a certificate of amendment with the Secretary of State. The certificate of amendment shall set forth:
(1) The name of the partnership as reflected on the application for registration.
(2) The date of filing of the application for registration.
(3) The amendment to the application for registration.
(i) Each registered limited liability partnership must maintain a registered office and registered agent as required by Article 4 of Chapter 55D of the N.C. Gen. Stat. and is subject to service on the Secretary of State under that Article.
(j) A partnership may cancel its registration by filing a certificate of cancellation with the Secretary of State. The certificate of cancellation shall set forth:
(1) The name of the partnership as reflected on the application for registration;
(2) The date of filing of the application for registration;
(3) A mailing address to which the Secretary of State may mail a copy of any process served on the Secretary of State under this subsection;
(4) A commitment to file with the Secretary of State a statement of any subsequent change in its mailing address; and
(5) The effective date and time of cancellation if it is not to be effective at the time of filing the certificate.
Cancellation of registration terminates the authority of the partnership’s registered agent to accept service of process, notice, or demand, and appoints the Secretary of State as agent to accept service on behalf of the partnership with respect to any action or proceeding based upon any cause of action arising in this State, or arising out of business transacted in this State, during the time the partnership was registered as a registered limited liability partnership. Service on the Secretary of State of any such process, notice, or demand shall be made by delivering to and leaving with the Secretary of State, or with any clerk authorized by the Secretary of State to accept service of process, duplicate copies of such process, notice, or demand and the fee required by N.C. Gen. Stat. § 59-35.2 Upon receipt of process, notice, or demand in the manner provided in this section, the Secretary of State shall immediately mail a copy of the process, notice, or demand by registered or certified mail, return receipt requested, to the partnership at the mailing address designated pursuant to this subsection.
(k) If a registered limited liability partnership is dissolved but its business is continued by some of its partners with or without others in a new partnership under the same name, then (i) the new partnership shall automatically succeed to the registration of the dissolved original partnership as a registered limited liability partnership and (ii) the dissolved original partnership shall be deemed to be registered as a registered limited liability partnership until the winding up of its affairs is completed. (1993, c. 354, s. 5; 1999-362, ss. 6, 7; 2000-140, ss. 53, 101(p); 2001-358, s. 51(a); 2001-387, ss. 118, 156, 173, 175(a); 2001-413, s. 6; 2002-58, s. 5.)