A limited partnership is a modified partnership. It has characteristics of both a corporation and a general partnership. In a limited partnership, certain members contribute capital, but do not have liability for the debts of the partnership beyond the amount of their investment. These members are known as limited partners. The partners who manage the business and who are personally liable for the debts of the business are the general partners. Limited partners have the right to share in the profits of the business and, if the partnership is dissolved, will be entitled to a percentage of the assets of the partnership. A limited partner may lose his limited liability status if he participates in the control of the business.
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.Austin Texas Garantía de pago por parte de los socios comanditarios de los pagarés hechos por el socio general en nombre de la sociedad comanditaria - Guaranty of Payment by Limited Partners of Notes Made by General Partner on Behalf of Limited Partnership
State:
Multi-State
City:
Austin
Control #:
US-01115BG
Format:
Word
Instant download
Description
Free preview
