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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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