56a-1003 Distributions; limitations.
56a-1003. Distributions; limitations. A partner may not receive a distribution from a limited liability partnership to the extent that, after giving effect to the distribution, all liabilities of the limited liability partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets. History: L. 1998, ch. […]
56a-1004 Return of contribution; liability.
56a-1004. Return of contribution; liability. (a) If a partner has received the return of any part of the partner’s contribution without violation of the partnership agreement or this act, the partner is liable to the limited liability partnership for a period of one year thereafter for the amount of the returned contribution, but only to […]
56a-1102 Statement of foreign qualification; status as foreign limited liability partnership.
56a-1102. Statement of foreign qualification; status as foreign limited liability partnership. (a) The status of a partnership as a foreign limited liability partnership is effective on the later of the filing of the statement of foreign qualification or a date specified in the statement. The status remains effective, regardless of changes in the partnership, until […]
56a-1103 Effect of failure to qualify.
56a-1103. Effect of failure to qualify. (a) A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification. (b) The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification […]
56a-1201 Domestic limited liability partnership; annual report; annual report fee. [See Revisor’s Note]
56a-1201. Domestic limited liability partnership; annual report; annual report fee. [See Revisor’s Note] (a) Every limited liability partnership organized under the laws of this state shall make an annual report in writing to the secretary of state, stating the prescribed information concerning the limited liability partnership at the close of business on the last day […]
56a-1202 Foreign limited liability partnership; annual report; annual report fee. [See Revisor’s Note]
56a-1202. Foreign limited liability partnership; annual report; annual report fee. [See Revisor’s Note] (a) Every foreign limited liability partnership shall make an annual report in writing to the secretary of state, stating the prescribed information concerning the foreign limited liability partnership at the close of business on the last day of its tax period next […]
56a-1203 Limited liability partnerships and foreign limited liability partnerships; filing of annual report and payment of annual report fee, time period.
56a-1203. Limited liability partnerships and foreign limited liability partnerships; filing of annual report and payment of annual report fee, time period. No limited liability partnership or foreign limited liability partnership shall be required to file its first annual report under this act, or pay any annual report fee required to accompany such report, unless such […]
56a-1204 Applications for extension of time for filing income tax return; confidentiality, exceptions.
56a-1204. Applications for extension of time for filing income tax return; confidentiality, exceptions. (a) All copies of applications for extension of the time for filing income tax returns submitted to the secretary of state pursuant to law shall be maintained by the secretary of state in a confidential file and shall not be disclosed to […]
56a-1301 Uniformity of application and construction.
56a-1301. Uniformity of application and construction. This act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among states enacting it. History: L. 1998, ch. 93, § 65; Jan. 1, 1999.
56a-806 Partner’s liability to other partners after dissolution.
56a-806. Partner’s liability to other partners after dissolution. (a) Except as otherwise provided in subsection (b) and K.S.A. 56a-306 and amendments thereto, after dissolution a partner is liable to the other partners for the partner’s share of any partnership liability incurred under K.S.A. 56a-804. (b) A partner who, with knowledge of the dissolution, incurs a […]