LD 1539
pg. 74
Page 73 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 75 of 101
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LR 1942
Item 1

 
secretary of state or other official having custody of limited
partnership records in the state or country under whose law
the foreign limited partnership is organized. The certificate
of good standing or its equivalent existence must have been
made not more than 90 days prior to the delivery of the
application for filing; and

 
Sec. C-10. 31 MRSA §494, sub-§1, as enacted by PL 1991, c. 552, §2 and
affected by §4, is amended to read:

 
1. Name. A foreign limited partnership may apply to the
Secretary of State to do business in this State under any name
that conforms with the requirements of section 403 403-A. The
name does not need to be the same as the name under which it is
authorized to do business in the jurisdiction of its
organization.

 
Sec. C-11. 31 MRSA §498, sub-§2, ¶B, as corrected by RR 1993, c. 1,
§80, is further amended to read:

 
B. The authority of a foreign limited partnership may be
revoked only after:

 
(1) The Secretary of State has mailed to the
partnership's last registered office in this State and
to its last registered or principal office in its
jurisdiction of organization as filed with the
Secretary of State at least 30 days' 60 days' notice of
pending revocation of its authority to do business in
this State. The notice must specify the default; and

 
(2) The partnership has not, prior to revocation,
removed the ground of default specified in the notice.

 
Sec. C-12. 31 MRSA §498, sub-§2, ¶C, as amended by PL 1993, c. 316,
§63, is further amended to read:

 
C. After the expiration of the 30-day 60-day notice period,
if a foreign limited partnership has not corrected the
specified default or convinced the Secretary of State, by
affidavit or otherwise, that there was no misrepresentation
relative to paragraph A, subparagraph (5), the Secretary of
State shall issue and file a certificate revoking the
foreign limited partnership's authority to do business in
this State and shall mail copies of the certificate of
revocation to the foreign limited partnership's last
registered office in this State and to its last registered
or principal office in its jurisdiction of organization as
filed with the Secretary of State.


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