We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
This Installment Purchase and Security Agreement Without Limited Warranties Horse Equine form is an installment purchase and security agreement in connection with the purchase of a horse. It provides for a security interest in the horse so long as the purchase price remains unpaid. The horse is sold without warranties.
A foreign limited partnership refers to a partnership formed in a state or country other than New York, but conducting business within New York.
To register a foreign limited partnership in New York, you need to file an Application for Authority with the New York Department of State and pay the necessary filing fees.
During the registration process, you need to provide details such as the name of the partnership, its principal place of business, the name and address of the partnership's registered agent in New York, and a certificate of good standing from the partnership's home jurisdiction.
Yes, every foreign limited partnership operating in New York must maintain a registered agent who has a physical address within the state.
Foreign limited partnerships in New York need to file a biennial statement every two years with the Department of State and pay the associated fee. Additionally, they must promptly update their registered agent and address if there are any changes.
Foreign limited partnerships are generally not subject to New York State income taxes. However, they may be subject to other taxes, such as local taxes or federal taxes. It is advisable to consult a tax professional for accurate guidance.
Yes, a foreign limited partnership operating in New York can be sued, similar to any other business entity. It is essential for the partnership to comply with all legal requirements and maintain proper records to mitigate the risk of legal disputes.
Operating a foreign limited partnership in New York without proper registration can result in penalties, fines, and possibly the inability to maintain legal standing to sue or defend lawsuits in the state.
Yes, a foreign limited partnership can convert into a domestic limited partnership by filing a certificate of conversion with the New York Department of State. The partnership must meet specific requirements and follow the conversion process outlined by the state.
The primary difference is that a foreign limited partnership is formed in another state or country and operates in New York, while a domestic limited partnership is initially formed and operates solely within New York.
Trusted and secure by over 3 million people of the world’s leading companies