HARRY HUGHES, Governor

155

(I) FILE WITH THE DEPARTMENT A CERTIFICATE
SETTING FORTH THE INFORMATION REQUIRED BY § 10-201(A) OF THIS
TITLE; AND

(II) PAY THE PENALTY SPECIFIED IN SUBSECTION
(E) OF THIS SECTION.

(2) A LIMITED PARTNERSHIP OR A PERSON CLAIMING UNDER
THE LIMITED PARTNERSHIP MAY NOT CONVEY OR ACCEPT TITLE TO REAL OR
PERSONAL PROPERTY OR MAINTAIN A SUIT IN ANY COURT OF THE STATE
UNLESS IT SHOWS TO THE SATISFACTION OF THE COURT THAT THE LIMITED
PARTNERSHIP HAS:

(I)  FILED WITH THE DEPARTMENT A CERTIFICATE
UNDER SETTING FORTH THE INFORMATION REQUIRED BY § 10-201(A) OF
THIS TITLE; AND

(II)  PAID THE PENALTY UNDER SUBSECTION (E) OF
THIS SECTION.

(C)  THE FAILURE OF A LIMITED PARTNERSHIP TO FILE WITH THE
DEPARTMENT A CERTIFICATE UNDER SETTING FORTH THE INFORMATION
REQUIRED BY § 10-201(A) OF THIS TITLE MAY DOES NOT OF ITSELF:

(1)  IMPAIR THE VALIDITY OF ANY CONTRACT OR ACT OF THE
LIMITED PARTNERSHIP OR PREVENT THE LIMITED PARTNERSHIP FROM
DEFENDING ANY ACTION, SUIT, OR PROCEEDING;

(2)  IMPOSE OR PERMIT THE IMPOSITION OF LIABILITY ON A
LIMITED PARTNER OF THE LIMITED PARTNERSHIP AS A GENERAL PARTNER
OF THE LIMITED PARTNERSHIP; OR

(3)  CAUSE THE LIMITED PARTNERSHIP TO DISSOLVE OR HAVE
ITS EXISTENCE OTHERWISE AFFECTED.

(D)  UNTIL A LIMITED PARTNERSHIP FILES WITH THE DEPARTMENT A
CERTIFICATE UNDER SETTING FORTH THE INFORMATION REQUIRED BY §
10-201(A) OF THIS TITLE:

(1)  THE LIMITED PARTNERSHIP APPOINTS THE DEPARTMENT
AS ITS RESIDENT AGENT; AND

(2)  THE PRINCIPAL OFFICE OF THE LIMITED PARTNERSHIP
IS THE PRINCIPAL PLACE OF BUSINESS IN THIS STATE OF THE LIMITED

PARTNERSHIP SHALL BE THE PRINCIPAL OFFICE OF THE LIMITED

PARTNERSHIP.

(E)  (1) WHEN A LIMITED PARTNERSHIP FILES WITH THE
DEPARTMENT A CERTIFICATE UNDER SETTING FORTH THE INFORMATION
REQUIRED BY § 10-201(A) OF THIS TITLE, THE DEPARTMENT SHALL
IMPOSE A PENALTY OF $200 ON THE LIMITED PARTNERSHIP.

(2) THE PENALTY UNDER THIS SUBSECTION SHALL BE
COLLECTED AND MAY BE REDUCED OR ABATED UNDER THE PROCEDURES OF §