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| 2.__Validity of contract or act; defend action or proceeding.__The | | failure of a foreign limited liability partnership to obtain | | authority to do business in this State in accordance with this | | chapter does not impair the validity of a contract or act of the | | foreign limited liability partnership or preclude it from defending | | an action or proceeding in this State. |
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| | | 3.__Limitation on personal liability.__A limitation on | | personal liability of a partner is not waived solely by | | transacting business in this State without being granted | | authority to do business in this State. |
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| | | 4.__Agent for service of process.__If a foreign limited | | liability partnership transacts business in this State without | | being granted the authority to do business in this State, the | | Secretary of State is its agent for service of process with | | respect to a right of action arising out of the transaction of | | business in this State. |
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| | | Sec. B-8. 31 MRSA §859-A, first ¶, as enacted by PL 2003, c. 631, §71, | | is amended to read: |
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| | | Notwithstanding Title 4, chapter 5 and Title 5, chapter 375, | | the Secretary of State may commence a proceeding under section | 859-B to revoke the status authority of a partnership as a | | foreign limited liability partnership authorized to do business | | in this State if: |
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| | | Sec. B-9. 31 MRSA §859-B, sub-§§2, 3 and 6, as enacted by PL 2003, c. | | 631, §71, are amended to read: |
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| | | 2. Revocation. The foreign partnership's status as a limited | liability partnership authority to do business is revoked if | within 60 30 days after the notice under subsection 1 was issued | | the Secretary of State determines that the foreign limited | | liability partnership has failed to correct the ground or grounds | | for revocation. The Secretary of State shall send notice to the | | foreign partnership at the partnership's last registered office | | address in this State and to its last registered or principal | | office address in its jurisdiction of registration that recites | | the ground or grounds for revocation of the foreign partnership's | | status as a limited liability partnership and the effective date | | of revocation. |
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| | | 3. Authority to transact business ceases. The authority of a | | foreign limited liability partnership to transact business in | | this State ceases on the date of revocation of its authority | | unless such revocation is stayed pursuant to section 859-C, | | subsection 2. |
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