Ch. 654                                        1997 LAWS OF MARYLAND

(D)     A PERSON WHO FILES A STATEMENT PURSUANT TO THIS SECTION SHALL
PROMPTLY SEND A COPY OF THE STATEMENT TO EVERY NONFILING PARTNER AND
TO ANY OTHER PERSON NAMED AS A PARTNER IN THE STATEMENT. FAILURE TO
SEND A COPY OF A STATEMENT TO A PARTNER OR OTHER PERSON DOES NOT LIMIT
THE EFFECTIVENESS OF THE STATEMENT AS TO A PERSON NOT A PARTNER

(E)     THE DEPARTMENT MAY COLLECT A FEE FOR FILING OR PROVIDING A
CERTIFIED COPY OF A STATEMENT.

9-106. LAW GOVERNING INTERNAL RELATIONS.

(A)     EXCEPT AS PROVIDED IN SUBSECTION (B), THE LAW OF THE
JURISDICTION IN WHICH A PARTNERSHIP HAS ITS CHIEF EXECUTIVE OFFICE
GOVERNS RELATIONS AMONG THE PARTNERS AND BETWEEN THE PARTNERS AND
THE PARTNERSHIP.

(B)     THE LAW OF THE STATE UNDER WHICH A FOREIGN LIMITED LIABILITY
PARTNERSHIP IS FORMED AND REGISTERED AS A LIMITED LIABILITY PARTNERSHIP
GOVERNS RELATIONS AMONG THE PARTNERS AND THE FOREIGN LIMITED
LIABILITY PARTNERSHIP AND THE LIABILITY OF A PARTNER FOR ANY DEBTS,
OBLIGATIONS, OR LIABILITIES OF OR CHARGEABLE TO THE FOREIGN LIMITED
LIABILITY PARTNERSHIP OR ANOTHER PARTNER.

(C)     A PARTNERSHIP, INCLUDING A LIMITED LIABILITY PARTNERSHIP, MAY
CONDUCT ITS BUSINESS, CARRY ON ITS OPERATIONS, AND HAVE AND EXERCISE THE
POWERS GRANTED BY THIS TITLE IN ANY STATE, TERRITORY, DISTRICT, OR
POSSESSION OF THE UNITED STATES OR IN ANY FOREIGN COUNTRY.

(D)     IT IS THE POLICY OF THIS STATE THAT THE INTERNAL AFFAIRS OF
PARTNERSHIPS, INCLUDING LIMITED LIABILITY PARTNERSHIPS, FORMED AND
EXISTING UNDER THIS TITLE, INCLUDING THE LIABILITY OF PARTNERS FOR DEBTS,
OBLIGATIONS, AND LIABILITIES OF OR CHARGEABLE TO PARTNERSHIPS, SHALL BE
SUBJECT TO AND GOVERNED BY THE LAWS OF THIS STATE.

(E)     IT IS THE INTENT OF THE LEGISLATURE THAT THE LEGAL EXISTENCE OF
LIMITED LIABILITY PARTNERSHIPS FORMED AND EXISTING UNDER THIS TITLE OR A
PREDECESSOR STATUTE BE RECOGNIZED OUTSIDE THE BOUNDARIES OF THIS
STATE AND THAT THE LAWS OF THIS STATE GOVERNING SUCH LIMITED LIABILITY
PARTNERSHIPS TRANSACTING BUSINESS OUTSIDE THIS STATE BE GRANTED THE
PROTECTION OF FULL FAITH AND CREDIT UNDER THE CONSTITUTION OF THE
UNITED STATES.

(F)      A FOREIGN LIMITED LIABILITY PARTNERSHIP MAY NOT BE DENIED
REGISTRATION UNDER SUBTITLE 11 OF THIS TITLE BY REASON OF ANY DIFFERENCE
BETWEEN THOSE LAWS AND THE LAWS OF THIS STATE.

9-107. PARTNERSHIP SUBJECT TO AMENDMENT OR REPEAL OF THIS TITLE.

A PARTNERSHIP GOVERNED BY THIS TITLE IS SUBJECT TO ANY AMENDMENT
TO OR REPEAL OF THIS TITLE.

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