§ 121-1503. Transaction of business outside the state. (a) It is the
intent of the legislature that the registration of a partnership without
limited partners as a registered limited liability partnership under
this article shall be recognized beyond the limits of this state and
that such registered limited liability partnership may conduct its
business or activities, carry on its operations, and have and exercise
the powers granted by this article in any state, territory, district or
possession of the United States or in any foreign country and that,
subject to any reasonable registration requirements any such registered
limited liability partnership transacting business outside this state
and the laws of this state governing such registered limited liability
partnership shall be granted the protection of full faith and credit
under section 1 of article IV of the Constitution of the United States.

(b) It is the policy of this state that the internal affairs of a
partnership without limited partners registered as a registered limited
liability partnership under this article and the liability of partners
in a registered limited liability partnership for debts, obligations and
liabilities of, or chargeable to, the registered limited liability
partnership shall be subject to and governed by the laws of this state,
including the provisions of this article.