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The Florida Senate

1998 Florida Statutes

SECTION 789
Applicability of chapter to foreign and interstate commerce.

620.789  Applicability of chapter to foreign and interstate commerce.--

(1)  A registered limited liability partnership organized and existing under this chapter may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state, territory, district, or possession of the United States or in any foreign country.

(2)  It is the intent of the Legislature that the legal existence of registered limited liability partnerships formed in this state be recognized outside the boundaries of this state and that, subject to any reasonable requirement of registration, a domestic registered limited liability partnership transacting business outside this state be granted the protection of full faith and credit under the Constitution of the United States.

History.--s. 12, ch. 95-242; s. 12, ch. 95-409.