US Lawyer Database

Sec. 32.11.470. Transaction of business without registration.

(a) A foreign limited partnership transacting business in this state may not maintain an action, suit, or proceeding in a court of this state until it has registered in this state. (b) The failure of a foreign limited partnership to register in this state does not impair the validity of a contract or act of […]

Sec. 32.11.480. Action by department.

The department may bring an action to restrain a foreign limited partnership from transacting business in this state in violation of AS 32.11.410 – 32.11.480.

Sec. 32.11.490. Derivative action authorized.

A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general partners to bring the action is not likely to succeed.

Sec. 32.11.500. Proper plaintiff.

In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) must have been a partner at the time of the transaction of which the plaintiff complains; or (2) the plaintiff’s status as a partner must have devolved upon the plaintiff by operation of law or under […]

Sec. 32.11.510. Pleading.

In a derivative action, the complaint must set out with particularity the effort of the plaintiff to secure initiation of the action by a general partner or the reasons for not making the effort.

Sec. 32.11.520. Recoveries.

If a derivative action is successful, in whole or in part, or if anything is received by the plaintiff as a result of a judgment, compromise, or settlement of an action or claim, and if the plaintiff is awarded attorney fees or costs, the court shall direct the plaintiff to remit to the limited partnership […]

Sec. 32.11.800. Construction and application.

This chapter shall be so applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it, except to the extent that certain provisions of this chapter have been revised and are not identical to the Uniform Limited Partnership Act.

Sec. 32.11.810. Name.

(a) The name of a limited partnership as set out in its certificate of limited partnership (1) must contain without abbreviation the words “limited partnership”; (2) may not contain the name of a limited partner unless (A) it is also the name of a general partner or the corporate name of a corporate general partner; […]

Sec. 32.11.820. Reservation of name.

(a) The exclusive right to the use of a name may be reserved by (1) a person intending to organize a limited partnership under this chapter and to adopt that name; (2) a domestic limited partnership or a foreign limited partnership registered in this state that, in either case, intends to adopt that name; (3) […]

Sec. 32.11.830. Specified office and agent.

(a) A limited partnership shall continuously maintain in this state (1) an office, which may but need not be a place of its business in this state, at which shall be kept the records required by AS 32.11.840 to be maintained; and (2) an agent for service of process on the limited partnership, which agent […]