Cal. Corporations Code § 17708.01
Cal. Corporations Code § 17708.01
California · California Corporations Code · Status: effective · Effective 2013-01-01
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- Citation
- Cal. Corporations Code § 17708.01, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/793034
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Full text
(a) The law of the state or other jurisdiction under which a foreign limited liability company is formed governs all of the following:
(1) The organization of the limited liability company, its internal affairs, and the authority of its members and managers.
(2) The liability of a member as member and a manager as manager for the debts, obligations, or other liabilities of the limited liability company.
(b) A foreign limited liability company shall not be denied a certificate of registration by reason of any difference between the law of the jurisdiction under which the limited liability company is formed and the law of this state.
(c) A certificate of registration does not authorize a foreign limited liability company to engage in any business or exercise any power that a limited liability company shall not engage in or exercise in this state.