Pima Arizona Acuerdo de sociedad limitada entre sociedad de responsabilidad limitada y socio comanditario - Limited Partnership Agreement Between Limited Liability Company and Limited Partner

• Category: Sociedades - Limitadas - Acuerdos
• State: Multi-State
• County: Pima
• Control #: US-00802BG
• Format: Word

Description

Este formulario tiene un socio general, que es una sociedad de responsabilidad limitada, y un socio limitado, que básicamente es un inversor. Title: Understanding the Lima Arizona Limited Partnership Agreement Between Limited Liability Company and Limited Partner Introduction: The Lima Arizona Limited Partnership Agreement between a Limited Liability Company (LLC) and a Limited Partner serves as a legally binding document that outlines the terms, conditions, and responsibilities associated with forming a limited partnership in Lima, Arizona. This article seeks to provide a detailed description of this agreement, its purpose, and the potential types of partnerships it encompasses. 1. Overview of the Lima Arizona Limited Partnership Agreement: The Lima Arizona Limited Partnership Agreement is designed to establish a partnership structure wherein a limited partner contributes capital or assets to the LLC, while the LLC assumes the management and operational responsibilities. This agreement acts as the guiding framework that defines the roles, rights, obligations, and distribution of profits or losses among the parties involved. 2. Contents and Key Provisions: a. Name and Purpose: This section identifies the parties involved and states the intended objective of the partnership. b. Contributions: It outlines the nature and value of the limited partner's contributions and how they will be accounted for in the partnership's capital structure. c. Allocations and Distributions: This section clarifies how profits, losses, and distributions will be allocated among the limited partner(s) and LLC members, addressing factors such as preferred returns, priorities, and sharing ratios. d. Management and Decision-Making: It defines the role of the LLC as the managing partner and may also specify limitations on the limited partner's involvement in day-to-day operations. e. Withdrawal and Transfer: Terms and conditions relating to a limited partner's withdrawal or transfer of interests are stipulated here. f. Dissolution and Termination: This section outlines the circumstances under which the partnership may be dissolved or terminated and the subsequent procedures to be followed. g. Dispute Resolution: The agreement may include a provision that governs the resolution of disputes through arbitration or mediation, thereby avoiding litigation. h. Governing Law: It specifies the jurisdiction whose laws will govern the interpretation and enforcement of the agreement. 3. Various Types of Lima Arizona Limited Partnership Agreements Between Limited Liability Company and Limited Partner: While the Lima Arizona Limited Partnership Agreement serves as a foundational template, its application can vary based on the partnership's specific objectives and requirements. Some potential types of limited partnerships include: a. Traditional Limited Partnership (LP): The LLC acts as the general partner, managing the partnership's operations, while the limited partner(s) contribute capital or assets. b. Limited Liability Limited Partnership (LL LP): This variation extends limited liability protection to the LLC, shielding it from personal liability for the partnership's obligations. c. Limited Liability Company Partnership (LACP): Here, the LLC and limited partner(s) engage in a partnership structure within the confines of the LLC's operating agreement. Conclusion: The Lima Arizona Limited Partnership Agreement plays a crucial role in defining the roles, responsibilities, and rights of limited partners and the LLC managing partner in a partnership setting. Understanding the agreement's contents and provisions is vital for establishing a functional and legally compliant limited partnership in Lima, Arizona.

Title: Understanding the Lima Arizona Limited Partnership Agreement Between Limited Liability Company and Limited Partner Introduction: The Lima Arizona Limited Partnership Agreement between a Limited Liability Company (LLC) and a Limited Partner serves as a legally binding document that outlines the terms, conditions, and responsibilities associated with forming a limited partnership in Lima, Arizona. This article seeks to provide a detailed description of this agreement, its purpose, and the potential types of partnerships it encompasses. 1. Overview of the Lima Arizona Limited Partnership Agreement: The Lima Arizona Limited Partnership Agreement is designed to establish a partnership structure wherein a limited partner contributes capital or assets to the LLC, while the LLC assumes the management and operational responsibilities. This agreement acts as the guiding framework that defines the roles, rights, obligations, and distribution of profits or losses among the parties involved. 2. Contents and Key Provisions: a. Name and Purpose: This section identifies the parties involved and states the intended objective of the partnership. b. Contributions: It outlines the nature and value of the limited partner's contributions and how they will be accounted for in the partnership's capital structure. c. Allocations and Distributions: This section clarifies how profits, losses, and distributions will be allocated among the limited partner(s) and LLC members, addressing factors such as preferred returns, priorities, and sharing ratios. d. Management and Decision-Making: It defines the role of the LLC as the managing partner and may also specify limitations on the limited partner's involvement in day-to-day operations. e. Withdrawal and Transfer: Terms and conditions relating to a limited partner's withdrawal or transfer of interests are stipulated here. f. Dissolution and Termination: This section outlines the circumstances under which the partnership may be dissolved or terminated and the subsequent procedures to be followed. g. Dispute Resolution: The agreement may include a provision that governs the resolution of disputes through arbitration or mediation, thereby avoiding litigation. h. Governing Law: It specifies the jurisdiction whose laws will govern the interpretation and enforcement of the agreement. 3. Various Types of Lima Arizona Limited Partnership Agreements Between Limited Liability Company and Limited Partner: While the Lima Arizona Limited Partnership Agreement serves as a foundational template, its application can vary based on the partnership's specific objectives and requirements. Some potential types of limited partnerships include: a. Traditional Limited Partnership (LP): The LLC acts as the general partner, managing the partnership's operations, while the limited partner(s) contribute capital or assets. b. Limited Liability Limited Partnership (LL LP): This variation extends limited liability protection to the LLC, shielding it from personal liability for the partnership's obligations. c. Limited Liability Company Partnership (LACP): Here, the LLC and limited partner(s) engage in a partnership structure within the confines of the LLC's operating agreement. Conclusion: The Lima Arizona Limited Partnership Agreement plays a crucial role in defining the roles, responsibilities, and rights of limited partners and the LLC managing partner in a partnership setting. Understanding the agreement's contents and provisions is vital for establishing a functional and legally compliant limited partnership in Lima, Arizona.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.