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362.1-951 Statement of foreign qualification.
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Before transacting business in this Commonwealth, a foreign limited liability
partnership shall file a statement of foreign qualification. The statement shall
contain:
(a) The name of the foreign limited liability partnership which satisfies the
requirements of KRS 14A.3-010;
(b) The street address of the partnership's chief executive office and, if different,
the street address of an office of the partnership in this Commonwealth, if any;
(c) The partnership's registered office and the name of its registered agent at that
office, which shall comply with KRS 14A.4-010; and
(d) Its jurisdiction of organization.
The status of a partnership as a foreign limited liability partnership remains
effective, regardless of changes in the partnership, until it is canceled pursuant to
KRS 362.1-105(4) or revoked pursuant to KRS 14A.9-080.
If the name of a foreign limited liability partnership is not distinguishable upon the
records of the Secretary of State, then it may file a statement of foreign qualification
using a fictitious name that is distinguishable upon the records of the Secretary of
State, in which instance the statement of foreign qualification shall be filed under
the fictitious name, shall recite that the partnership has filed the statement of foreign
qualification under a fictitious name, and shall include in the statement its real name
in its jurisdiction of organization.
Whether a foreign limited liability partnership is transacting business in the
Commonwealth shall be determined under KRS 14A.9-010(2).
The consequences to a foreign limited liability partnership transacting business
without a statement of foreign qualification shall be as set forth in KRS 14A.9-020.
A statement of foreign qualification shall authorize the foreign limited liability
partnership to transact business in this Commonwealth subject to the right of the
Commonwealth to revoke the statement.
A foreign limited liability partnership, having filed a statement of foreign
qualification, shall have the same as, but no greater rights than, and shall have the
same, but no greater privileges than, and except as otherwise provided by this
subchapter, shall be subject to the same duties, restrictions, penalties, and liabilities
now or later imposed on, a limited liability partnership.
Effective: July 12, 2012
History: Amended 2012 Ky. Acts ch. 81, sec. 120, effective July 12, 2012. -- Amended
2010 Ky. Acts ch. 151, sec. 99, effective January 1, 2011. -- Created 2006 Ky. Acts
ch. 149, sec. 70, effective July 12, 2006.
Formerly codified as KRS 362.1-1102.
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