Nature of business.
R.I. Gen. Laws § 7-12-31.1
in effect7-12-31.1. Nature of business.
(a) Except as provided in subsection (b) of this section, a registered limited liability
partnership or a foreign registered limited liability partnership may conduct any
lawful business in this state.
(b) A registered limited liability partnership or a foreign registered limited liability
partnership may render professional services, as defined in § 7-5.1-2(2), as and to the extent permitted under law or rules and regulations of the applicable
regulatory agency or agencies, as defined in § 7-5.1-2(3). Each regulatory agency as so defined is authorized to adopt, subject to applicable
law, rules and regulations regarding a domestic and foreign limited liability partnership
rendering professional services. The rules and regulations shall not be inconsistent
with law or rules or regulations regarding the rendering of professional services
through a professional corporation.
P.L. 1996, ch. 270, § 2; P.L. 1997, ch. 284, § 1; P.L. 2002, ch. 205, § 1.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-12/7-12-31.1.htmFetched: 10/20/2026