Usufruct
R.S. 12:1347

Effect of certificate of authority ACTIVE

A foreign limited liability company which receives a certificate of authority shall, until a certificate of revocation or a withdrawal shall have been issued as provided in this Chapter:

(1) Be authorized to transact business in this state, subject to such limitations as may be recited in the certificate of authority.

(2) Enjoy the same, but no greater, rights and privileges as a limited liability company organized under the laws of this state to transact the business that such foreign limited liability company is authorized to transact in this state.

(3) Except as otherwise provided in this Chapter, be subject to the same duties, restrictions, penalties, and liabilities as are imposed upon limited liability companies organized under the laws of this state.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1992, No. 780, §2, eff. July 7, 1992

Section navigation

Cite R.S. 12:1347

Bluebook
La. Rev. Stat. Ann. § 12:1347 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1347
BibTeX
@misc{larevstat-12-1347,
  title        = {La. Rev. Stat. Ann. § 12:1347},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1347},
  note         = {Snapshot 2026-05-22}
}