(a) Any foreign registered limited liability partnership required to file an annual report as provided in § 34-431, which fails to file its annual report on or before the due date thereof, shall be in default in respect thereof until the same is filed.

Terms Used In Connecticut General Statutes 34-432

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

(b) The Secretary of the State shall not accept for filing a report from a foreign registered limited liability partnership until any default for failure to file any annual report is cured. If the Secretary of the State finds that any annual report received from a foreign registered limited liability partnership does not conform to law, he may return it to the foreign registered limited liability partnership for correction.

(c) The Secretary of the State shall proceed as provided in § 34-433 whenever a foreign registered limited liability partnership is in default for failing to file its annual report required by § 34-431.

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