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     48-7-1106.   Becoming a limited liability limited partnership--Entity not changed--Applicability of subsections 48-7A-306(a) and 48-7A-307(b). (a) A limited partnership may become a limited liability limited partnership by:
             (1)      Obtaining approval of the terms and conditions of the limited partnership becoming a limited liability limited partnership by the vote necessary to amend the limited partnership agreement except, in the case of a limited partnership agreement that expressly considers contribution obligations, the vote necessary to amend those provisions;
             (2)      Filing a statement of qualification under subsection 48-7A-1001(c) of the Uniform Partnership Act; and
             (3)      Having as the last words or letters of its name the words "Registered Limited Liability Limited Partnership," or the abbreviation "L.L.L.P.," or the designation "LLLP."
     (b) A limited liability limited partnership continues to be the same entity that existed before the filing of a statement of qualification under ยง 48-7A-1001(c) of the Uniform Partnership Act.
     (c) Subsections 48-7A-306(c) and 48-7A-307(b) of the Uniform Partnership Act apply to both general and limited partners of a limited liability limited partnership. Section 48-7-303 also applies to limited partners.

Source: SL 2002, ch 210, ยง 1.


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