3.__Applicant's exclusive use.__The limited partnership name is registered for the foreign limited partnership's exclusive use upon the effective date of the application until the end of the calendar year in which the application was filed.

4.__Renewal of registered name.__A foreign limited partnership whose registration is effective may renew it for a successive year by delivering for filing to the Secretary of State a renewal application that complies with the requirements of subsection 2 between October 1st and December 31st. The renewal application, when filed, renews the registration for the following calendar year.

5.__Qualify as foreign limited partnership.__A foreign limited partnership whose registration is effective may, after the registration is effective, qualify as a foreign limited partnership under the registered name or may consent in writing to the use of that name by a limited partnership organized under this Act or by another foreign limited partnership authorized to transact business in this State.__The registration terminates when the domestic limited partnership is organized or the foreign limited partnership qualifies or consents to the qualification of another foreign limited partnership under the registered name.

Sec. C-9. 31 MRSA §492, sub-§3, ¶H, as amended by PL 1993, c. 316, §56, is further amended to read:

H. A certificate of good standing or its equivalent from the proper officer of its jurisdiction of organization existence or a document of similar import duly authenticated by the 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.