Section 121-1503. Transaction of business outside the state

(a) It is the
  intent of the legislature that the registration of a partnership without
  limited partners as a registered  limited  liability  partnership  under
  this  article  shall  be  recognized beyond the limits of this state and
  that such registered  limited  liability  partnership  may  conduct  its
  business  or  activities, carry on its operations, and have and exercise
  the powers granted by this article in any state, territory, district  or
  possession  of  the  United  States  or in any foreign country and that,
  subject to any reasonable registration requirements any such  registered
  limited  liability  partnership  transacting business outside this state
  and the laws of this state governing such registered  limited  liability
  partnership  shall  be  granted  the protection of full faith and credit
  under section 1 of article IV of the Constitution of the United States.
    (b) It is the policy of this state that  the  internal  affairs  of  a
  partnership  without limited partners registered as a registered limited
  liability partnership under this article and the liability  of  partners
  in a registered limited liability partnership for debts, obligations and
  liabilities  of,  or  chargeable  to,  the  registered limited liability
  partnership shall be subject to and governed by the laws of this  state,
  including the provisions of this article.