2017 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 16. LIMITED PARTNERSHIPS
CHAPTER 10. Foreign Limited Partnerships
23-16-10-8. Transaction of business without registration
Note: This version of section effective until 1-1-2018. See also following repeal of this chapter, effective 1-1-2018.
Sec. 8. (a) A foreign limited partnership transacting business in Indiana may not maintain any action in any court of Indiana until it has registered in Indiana under this chapter and paid to the state all fees and penalties for the years during which it did business in Indiana without having registered.
(b) The failure of a foreign limited partnership to register in Indiana does not:
(1) impair the validity of any contract or act of the foreign limited partnership;
(2) impair the right of any other party to a contract with the foreign limited partnership to maintain any action on the contract; or
(3) prevent the foreign limited partnership from defending any action in any court of Indiana.
(c) A limited partner of a foreign limited partnership is not liable as a general partner of the foreign limited partnership solely by reason of having transacted business in Indiana without registration.
(d) A foreign limited partnership, by transacting business in Indiana without registration, appoints the secretary of state as its agent for service of process with respect to causes of action arising out of the transaction of business in Indiana.
As added by P.L.147-1988, SEC.1.
