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Reset Form CERTIFICATE OF LIMITED PARTNERSHIP State Form 51586 (R3 / 5-14) Approved by State Board of Accounts, 2014 INSTRUCTIONS: 1. Use 8 11 white paper for attachments. 2. Present original and

How to fill out certificate of limited partnership

How to Fill Out a Certificate of Limited Partnership

1. Gather the necessary information: Before filling out the certificate of limited partnership, collect all the required information, including the names and addresses of the general partners, the name of the limited partnership, the registered agent's information, and any additional details required by your state's regulations.
2. Download the form: Obtain the appropriate certificate of limited partnership form from your state's Secretary of State website or visit their office in person. Ensure that you have the most current version of the form.
3. Provide the basic information: Start by entering the name of the limited partnership at the top of the form. Include any required indicators, such as "Limited Partnership," "L.P.," or "LP," as per your state's guidelines.
4. Include general partner details: List the names and addresses of each general partner involved in the limited partnership. Double-check the spelling and accuracy of all information provided.
5. Appoint a registered agent: Provide the full legal name and address of the registered agent responsible for receiving legal documents on behalf of the limited partnership. Some states require that the registered agent has a physical address in the state of formation.
6. State the purpose of the partnership: Describe the general purpose or nature of the limited partnership. This can be a brief statement outlining the business or activities the partnership will engage in.
7. Determine effective date and duration: Indicate whether the limited partnership is effective upon filing or specify a future effective date. Additionally, state the duration of the limited partnership, whether it will continue indefinitely or terminate after a specified period.
8. Review and sign: Carefully review the completed form for accuracy, ensuring that all required information is provided. Sign and date the certificate of limited partnership as the authorized individual, typically one of the general partners.
9. Submit the form: Follow the filing instructions provided with the certificate of limited partnership form. This usually involves submitting the completed form along with the required filing fee to the Secretary of State's office either electronically or by mail.

Who Needs a Certificate of Limited Partnership?

A certificate of limited partnership is typically required by individuals or businesses looking to establish a limited partnership. Limited partnerships are commonly used when multiple partners collaborate on a specific business venture where the general partner(s) assume unlimited liability for the partnership's obligations, while the limited partners have limited liability and typically do not participate in the management of the business. The certificate of limited partnership serves as a legal document that formally establishes the limited partnership and creates a contractual relationship between the partners.

For pdfFiller’s FAQs

What is certificate of limited partnership?

A certificate of limited partnership is a legal document that establishes the existence of a limited partnership and outlines the rights and responsibilities of the partners.

Who is required to file certificate of limited partnership?

The general partner or partners of a limited partnership are required to file the certificate of limited partnership.

How to fill out certificate of limited partnership?

The certificate of limited partnership can typically be filled out and filed online through the state's Secretary of State website or by submitting a paper form with the required information.

What is the purpose of certificate of limited partnership?

The purpose of the certificate of limited partnership is to officially register the limited partnership with the state and provide public notice of its existence.

What information must be reported on certificate of limited partnership?

The information typically required on a certificate of limited partnership includes the name of the limited partnership, the names and addresses of the general partners, the duration of the partnership, and the business address.

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