Senate Bill 89 (Chapter 47) amends the Revised Uniform Limited Partnership Act (RULPA). Among the changes to RULPA, a new Section 17-221 permits the creation of an additional type of series known as a “registered series” which is an association formed by the filing of a certificate of registered series that has the attributes required to be “registered organizations” under the Uniform Commercial Code for use in secured lending transactions. Click here to learn more.