P.R. Laws tit. 10, § 1865

2019-02-20 00:00:00+00
§ 1865. Application of this chapter to interstate and international trade

A limited liability partnership shall also have the capacity to act as such in any state, territory, district or possession of the United States of America or in any foreign country, provided the laws thereof authorize it.

The internal affairs of limited liability partnerships, and the liability of their partners for existing debts, obligations and liabilities attributed to the partnership or to another partner or partners shall be governed by the laws of the Commonwealth of Puerto Rico.

When a foreign limited liability partnership does not file an application for a registration or renewal certification or does not designate or keep a person duly authorized to receive summons in the Commonwealth of Puerto Rico, the liability of the partners and the validity of any contract or act of the foreign limited liability partnership shall not be affected, nor shall it prevent the foreign limited liability partnership from defending itself in any suit or procedure in any court of the Commonwealth of Puerto Rico, but, the foreign limited liability partnership shall not initiate any suit or procedure in any court of the Commonwealth of Puerto Rico until it has filed an application for a registration or renewal certification.

The internal affairs of foreign limited liability partnerships and the liability of the partners for existing debts, obligations and liabilities attributed to the partnership or to another partner or partners, shall be governed by the laws of the jurisdiction in which the foreign limited liability partnership is organized, except as provided in § 11 of Title 31.

History —Aug. 20, 1996, No. 154, § 6.