Code of Virginia (Last Updated:July 28, 2020) |
TITLE 50. Partnerships |
CHAPTER 2.1. Virginia Revised Uniform Limited Partnership Act |
ARTICLE 1. General Provisions |
SECTION 50-73.10.1. Unlawful to transact or offer to transact business as a limited partnership unless authorized; penalty |
SECTION 50-73.10.1. Unlawful to transact or offer to transact business as a limited partnership unless authorized; penalty
It shall be unlawful for any person to transact business in the Commonwealth as a limited partnership or to offer or advertise to transact business in the Commonwealth as a limited partnership unless the alleged limited partnership is either a domestic limited partnership or a foreign limited partnership authorized to transact business in the Commonwealth. Any person who violates this section shall be guilty of a Class 1 misdemeanor. 2007, c. 631 . |