North Dakota Code 45-10.2-78 – Foreign limited partnership – Admission of foreign limited partnership – Transacting business – Obtaining licenses and permits
Current as of: 2023 | Check for updates
|
Other versions
A foreign limited partnership may not:
Terms Used In North Dakota Code 45-10.2-78
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.
- Partnership: includes a limited liability partnership registered under chapter 45-22. See North Dakota Code 1-01-49
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
1. Transact business in this state or obtain any license or permit required by this state until the foreign limited partnership obtains a certificate of authority from the secretary of state.
2. Transact in this state any business that is prohibited to a limited partnership organized under this chapter.
3. Be denied a certificate of authority because the laws of the jurisdiction of origin of the foreign limited partnership differ from the laws of this state.