2001 Minnesota Code
Chapters 322 - 323A Partnerships
Chapter 323 Uniform Partnership Act
Section 323.46 Applicability to foreign and interstate commerce.

323.46 Applicability to foreign and interstate commerce.

Subdivision 1. Conducting business. A domestic partnership, including a domestic limited liability partnership, formed and existing under this chapter, may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state, territory, district, or possession of the United States or in any foreign country.

Subd. 2. Governing law. It is the policy of this state that the internal affairs of domestic partnerships, including domestic limited liability partnerships, existing under this chapter, including the liability of partners for debts and obligations of partnerships, are subject to and governed by the laws of this state.

HIST: 1994 c 539 s 18; 1995 c 128 art 3 s 18

* NOTE: This section is repealed by Laws 1997, chapter 174, *article 12, section 68, as amended by Laws 1998, chapter 262, *section 12, effective January 1, 2002.

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