D.C. Code § 29-105.01
This is the official text of D.C. Code § 29-105.01, part of District of Columbia’s Code — part of the compiled statutory law of District of Columbia, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 29-105.01. Governing law.
Official statutory text
(a) The law of the jurisdiction of formation of an entity shall govern the:
(1) Internal affairs of the entity;
(2) Liability that a person has as an interest holder or governor for a debt, obligation, or other liability of the entity;
(3) Liability of a series of a series limited liability company; and
(4) Liability of a series of a statutory trust.
(b) A foreign entity shall not be precluded from registering to do business in the District because of any difference between the laws of the entity’s jurisdiction of formation and the laws of the District.
(c) Registration of a foreign entity to do business in the District shall not authorize it to engage in any activity or exercise any power that a domestic entity of the same type may not engage in or exercise in the District.
(1) Internal affairs of the entity;
(2) Liability that a person has as an interest holder or governor for a debt, obligation, or other liability of the entity;
(3) Liability of a series of a series limited liability company; and
(4) Liability of a series of a statutory trust.
(b) A foreign entity shall not be precluded from registering to do business in the District because of any difference between the laws of the entity’s jurisdiction of formation and the laws of the District.
(c) Registration of a foreign entity to do business in the District shall not authorize it to engage in any activity or exercise any power that a domestic entity of the same type may not engage in or exercise in the District.
Status: in_force · Read it on the official government site
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