- Alaska Statutes.
- Title 32. Partnership
- Chapter 6. Uniform Partnership Act
- Section 913. Biennial Report; Revocation of Qualification.
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. Law Governing Foreign Limited Liability Partnerships.
AS 32.06.913. Biennial Report; Revocation of Qualification.
- (a) A limited liability partnership, and a foreign limited liability partnership authorized to transact business in this
state, shall file with the department a biennial report that contains
- (1) the name of the limited liability partnership and the state or other jurisdiction under whose laws the foreign limited
liability partnership is formed;
- (2) the street address of the partnership's chief executive office and, if different, the street address of an office of
the partnership in this state, if any; and
- (3) if the partnership does not have an office in this state, the name and street address of the partnership's current
agent for service of process.
- (b) A biennial report is due before January 2 of the filing year. A partnership filing a statement of qualification, or a
foreign partnership becoming authorized to transact business in this state, during an even-numbered year shall file the
biennial report each even-numbered year. A partnership filing a statement of qualification, or a foreign partnership
becoming authorized to transact business in this state, during an odd-numbered year shall file the biennial report each
odd-numbered year. The biennial report is delinquent if not filed before February 1 of each odd-or even-numbered year
as provided in this subsection.
- (c) The department may revoke the statement of qualification of a partnership that fails to file a biennial report when
due or pay the required filing fee. To revoke, the department shall provide the partnership at least 60 days' written
notice of intent to revoke the statement. The notice must be mailed to the partnership at its chief executive office
stated in the last filed statement of qualification or biennial report. The notice must specify the biennial report
that has not been filed or the fee that has not been paid, and the effective date of the revocation. The revocation is
not effective if the biennial report is filed and the fee is paid before the effective date of the revocation.
- (d) A revocation under (c) of this section only affects a partnership's status as a limited liability partnership and is
not an event of dissolution of the partnership.
- (e) A partnership whose statement of qualification has been revoked may apply to the department for reinstatement within
two years after the effective date of the revocation. The application must state
- (1) the name of the partnership and the effective date of the revocation; and
- (2) that the ground for revocation either did not exist or has been corrected.
- (f) A reinstatement under (e) of this section relates back to and takes effect on the effective date of the revocation,
and the partnership's status as a limited liability partnership continues as if the revocation had never occurred.
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