47-14B-13. Failure of foreign business trust to register.

The failure of a foreign business trust to register in the state does not:

(1)    Impair the validity of any contract or act of the foreign business trust;

(2)    Impair the right of any other party to the contract to maintain any action, suit, or proceeding on the contract; or

(3)    Prevent the foreign business trust from defending any action, suit, or proceeding in any court of the state.

Source: SL 2001, ch 245, § 109.