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Filing Fee $75.00 DOMESTIC LIMITED PARTNERSHIP STATE OF MAINE CANCELLATION OF CERTIFICATE OF LIMITED PARTNERSHIP Deputy Secretary of State A True Copy When Attested By Signature (Name of Limited Partnership)
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How to fill out of limited partnership

01
Start by obtaining the necessary forms for a limited partnership from the appropriate government agency or legal document service.
02
Fill out the general information section of the form, including the name of the limited partnership, the address, and the purpose of the partnership.
03
Provide details of the partners involved, including their names, addresses, and investment contributions.
04
Specify the roles and responsibilities of each partner and outline the distribution of profits and losses.
05
Include any additional provisions or restrictions that may apply to the partnership.
06
Review the completed form for accuracy and completeness.
07
Sign and date the form, ensuring that all partners have also signed.
08
Submit the filled-out form to the appropriate government agency, along with any required filing fees.
09
Keep a copy of the filled-out form for your records.

Who needs of limited partnership?

01
Entrepreneurs who wish to start a business with one or more partners but want to limit personal liability.
02
Professionals such as lawyers, accountants, or doctors who want to form a partnership to pool resources and share profits.
03
Real estate investors who want to partner with others for joint ventures or property investments.
04
Companies that want to form subsidiary partnerships with specific objectives or projects.
05
Individuals who want to engage in certain business activities that require a limited partnership structure.
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A limited partnership is a business structure where there are one or more general partners who manage the business and are personally liable for its debts, and one or more limited partners who contribute capital but have limited liability.
The general partners of a limited partnership are usually required to file the necessary paperwork to establish and maintain the business entity.
To fill out a limited partnership agreement, you will need to include information about the partners' roles, responsibilities, contributions, profit sharing arrangements, and other provisions related to the operation of the business.
The purpose of a limited partnership is to combine the resources and expertise of multiple partners to operate a business while limiting the liability of some partners to only the amount of their investment.
Information such as the names and addresses of the partners, the business name, the purpose of the partnership, the duration of the partnership, and the distribution of profits and losses must be reported on a limited partnership agreement.
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