N.Y. PTR Law § 121-904
This is the official text of N.Y. PTR Law § 121-904, part of New York’s PTR Law — part of the compiled statutory law of New York, published by the state as "PTR Law." Browse the sections below, each linked to its official government source.
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Application for authority; effect
Official statutory text
§ 121-904. Application for authority; effect. (a) Upon filing by the\ndepartment of state of the application for authority the foreign limited\npartnership shall be authorized to do business in this state. Such\nauthority shall continue so long as it retains its authority to do\nbusiness in the jurisdiction of its formation and its authority to do\nbusiness has not been surrendered, suspended or annulled in accordance\nwith the law.\n (b) A foreign limited partnership which has received a certificate of\nauthority shall have such powers to conduct business in this state as\nare permitted by the laws of the jurisdiction in which it was organized\nbut no greater than those of a domestic limited partnership; provided,\nthat this subdivision shall not affect the powers of the foreign limited\npartnership outside this state.\n
Status: in_force · Read it on the official government site
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