The term "King Washington Reservation of Limited Partnership Name" refers to the process of reserving a specific name for a limited partnership in the state of Washington, United States. When forming a limited partnership, Washington law requires the selection of a unique and distinguishable name that is not already in use by another entity operating in the same state. The reservation of a limited partnership name enables individuals or entities to secure a specific name for a limited period, ensuring that it will be available when they officially register their partnership. Here are some relevant keywords to consider: 1. King Washington Reservation: This refers to the geographical location where the reservation is made, namely in the state of Washington. Limited partnerships that plan to operate within the state are required to follow the reservation process set by the Washington Secretary of State. 2. Limited Partnership: This is a specific type of business structure where a partnership consists of two or more partners, typically including both general partners (active participants in managing the business) and limited partners (investors with limited liability). Limited partnerships provide certain advantages in terms of taxation and liability for the partners involved. 3. Name Reservation: It is essential to secure a unique and distinguishable limited partnership name to avoid confusion or misrepresentation. By reserving a name, potential partners ensure that it will be available at the time of registration. 4. Secretary of State: In Washington, the Secretary of State's office is responsible for managing business entity registrations and maintaining records. The reservation process for limited partnership names is typically handled through this government office. Different Types of King Washington Reservation of Limited Partnership Name: 1. Individual Name Reservation: This type of reservation allows an individual partner to reserve a specific limited partnership name. It is commonly used when a single person plans to establish a limited partnership under their own name. 2. Business Name Reservation: This type of reservation enables businesses or corporate entities to reserve a specific limited partnership name. It is typically used when multiple partners or an existing business entity forms a limited partnership. 3. Duration-Based Reservation: In some cases, the reservation period may vary based on the jurisdiction. While the standard duration of a name reservation in Washington is typically 180 days, additional options might be available, such as shorter or longer periods, depending on specific requirements and regulations. In conclusion, the King Washington Reservation of Limited Partnership Name refers to the process of reserving a unique and distinguishable name for a limited partnership in the state of Washington. It ensures that the desired name will be available for registration, avoiding potential conflicts with existing entities.
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.