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Official Code of Georgia Annotated

Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · Chapter 9. REVISED UNIFORM LIMITED PARTNERSHIP ACT · Article 9. FOREIGN LIMITED PARTNERSHIPS

14-9-907. Transaction of business without registering.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. (a)

    A foreign limited partnership transacting business in this state may not maintain an action, suit, or proceeding in a court of this state until it has obtained a certificate of authority.#

  2. (b)

    The failure of a foreign limited partnership to obtain a certificate of authority does not impair the validity of any contract or act of the foreign limited partnership or prevent the foreign limited partnership from defending any action, suit, or proceeding in any court of this state.#

  3. (c)

    A foreign limited partnership that transacts business in this state without registering as required by this article shall be liable to the state:#

    1. (1)

      For all fees which would have been imposed by this article upon such foreign limited partnership had it registered as required by this article; and#

    2. (2)

      If it has not registered within 30 days after the first day on which it transacts business in this state, for a penalty of $500.00.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 14-9-907, enacted by Ga. L. 1988, p. 1016, § 1; Ga. L. 2002, p. 989, § 14.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t14-(v12)-2017-pdf.pdf, Volume V12, 2017 edition, page 1047; merge action: carried; file SHA-256 f2fad2b71b39.