1.    A foreign limited partnership whose name does not comply with section 45-10.2-10 may not obtain a certificate of authority until it adopts, for the purpose of transacting business in this state, an alternate name that complies with section 45-10.2-10. A foreign limited partnership that adopts an alternate name under this subsection and then obtains a certificate of authority with the name shall comply with chapter 45-11.

Terms Used In North Dakota Code 45-10.2-77

  • 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.
  • Partnership: includes a limited liability partnership registered under chapter 45-22. See North Dakota Code 1-01-49
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49

After obtaining a certificate of authority with an alternate name, a foreign limited partnership shall transact business in this state under the alternate name unless the foreign limited partnership is authorized under section 45-10.2-10 to transact business in this state under another name.

2.    If a foreign limited partnership authorized to transact business in this state changes its name to one that does not comply with section 45-10.2-10, then it may not thereafter transact business in this state until it complies with subsection 1 and obtains an amended certificate of authority.

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