527

(a) A foreign limited partnership transacting business in the Virgin Islands may not maintain any action, suit, or proceeding in any court of the Virgin Islands until it has registered in the Virgin Islands.\n(b) The failure of a foreign limited partnership to register in the Virgin Islands does not impair the validity of any contract or act of the foreign limited partnership or prevent the foreign limited partnership from defending any action, suit, or proceeding in any court of the Virgin Islands.\n(c) A limited partner of a foreign limited partnership is not liable as a general partner of the foreign limited partnership solely by reason of having transacted business in the Virgin Islands without registration.\n(d) A foreign limited partnership, by transacting business in the Virgin Islands without registration, appoints the Lieutenant Governor as its agent for service of process with respect to causes of action arising out of the transaction of business in the Virgin Islands.