8207 - Extraterritorial application of subchapter.
§ 8207. Extraterritorial application of subchapter. (a) Legislative intent.--It is the intent of the General Assembly in enacting this subchapter that the legal existence of registered limited liability partnerships organized in this Commonwealth be recognized outside the boundaries of this Commonwealth and that, subject to any reasonable requirement of registration, a domestic registered limited liability partnership transacting business outside this Commonwealth be granted protection of full faith and credit under the Constitution of the United States. (b) Basis for determining liability of partners.--The liability of partners in a registered limited liability partnership shall at all times be determined under Chapters 83 (relating to general partnerships) and 85 (relating to limited partnerships) as modified by the provisions of this subchapter. (c) Conflict of laws.--The personal liability of a partner of a registered limited liability partnership to any person or in any action or proceeding for the debts, obligations or liabilities of the partnership or for the acts or omissions of other partners or representatives of the partnership shall be governed solely and exclusively by the laws of this Commonwealth. Whenever a conflict arises between the laws of this Commonwealth and the laws of any other state with regard to the liability of partners of a registered limited liability partnership registered under this subchapter for the debts, obligations and liabilities of the partnership or for the acts or omissions of the other partners or representatives of the partnership, the laws of this Commonwealth shall govern in determining such liability.