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Arizona Certificate of Limited Partnership

Arizona Certificate of Limited Partnership

Name: Arizona Certificate of Limited Partnership
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.55 (402 reviews)

Category:

Arizona Secretary of State - Partnerships

State:

Arizona

Control #:

AZ-SOSP-02

Format:

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Description

Certificate of Limited Partnership Arizona Certificate of Limited Partnership (ACLU) is a legal document that is filed with the Arizona Corporation Commission to establish a limited partnership. It is used to form a business entity in the state of Arizona and provides evidence of the legal existence of the partnership. ACLU includes basic information about the partnership, including its name, registered office and agent, duration, and purpose. It also includes the name, address, and signature of each partner, along with the partnership agreement. There are two types of Arizona Certificate of Limited Partnership: the traditional Certificate of Limited Partnership (CLP) and the Certificate of Limited Liability Partnership (LLP). The traditional CLP is the most common type and provides limited liability protection to the partners. The LLP provides even greater protection to the partners, as it shields them from personal liability for the debts and obligations of the partnership.

Arizona Certificate of Limited Partnership (ACLU) is a legal document that is filed with the Arizona Corporation Commission to establish a limited partnership. It is used to form a business entity in the state of Arizona and provides evidence of the legal existence of the partnership. ACLU includes basic information about the partnership, including its name, registered office and agent, duration, and purpose. It also includes the name, address, and signature of each partner, along with the partnership agreement. There are two types of Arizona Certificate of Limited Partnership: the traditional Certificate of Limited Partnership (CLP) and the Certificate of Limited Liability Partnership (LLP). The traditional CLP is the most common type and provides limited liability protection to the partners. The LLP provides even greater protection to the partners, as it shields them from personal liability for the debts and obligations of the partnership.

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FAQ

The firm name of your limited liability partnership must contain the words ?limited liability partnership? or ?societe a responsabilite limitee? or the abbreviations ?LLP?, ?L.L.P.? or ?s.r.l.? as the last words or letters of the firm name.

If you desire to conduct business as any limited partnership, you must file with our office to receive that designation. Limited partnerships consist of three types: limited partnership (?LP?), limited liability partnerships (?LLP?), and limited liability limited partnerships (?LLLP?).

Limited partnerships are a form of partnership involving general partners, who are liable for all the debts and liabilities of the partnership, and limited partners, who are liable to the extent of their capital contribution to the partnership.

All Limited Partnership Requirements & Forms Form TypeRelated Forms & PDFsFiling FeeLPCertificate of Limited PartnershipFiling fee $10 + $3 per pageAmendment to LPAmendment to Certificate; RestatementFiling fee $10 + $3 per pageCancellationCancellation of CertificateFiling fee $10 + $3 per page1 more row

An LP must have two or more owners. At least one must be a general partner who has unlimited, personal liability, and one must be a limited partner who has limited liability but is prohibited from participating in business management.

--A limited partnership (LP) is a partnership of two or more persons with at least one general partner and one limited partner. 1. General Partners. As a rule of thumb, general partners in an LP have the same powers, rights, duties, and exposure to liability as partners in a general partnership.

A limited partnership (LP) exists when two or more partners go into business together, but the limited partners are only liable up to the amount of their investment. An LP is defined as having limited partners and a general partner, which has unlimited liability.

Some states only require that the certificate contains the name of the limited partnership, the name and address of the registered agent and registered office, and the names and addresses of all of the general partners.

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Instructions: • Complete and include this form with your paper submission. Complete and file the Certificate of Limited Partnership with the Department of State.You will need to fill out a Certificate of Limited Partnership and submit it to your Secretary of State's office. To form a limited partnership, the partners must enter into a partnership agreement and file a certificate of formation with the secretary of state. You will receive a stamped "Filed" copy of your submitted document. If handwritten, the form must be legible and completed in black or blue-black ink in order to permit reproduction. Form must be filed electronically. Paper forms are not accepted. Minnesota Statutes, Chapter 321. Certificate of Limited Partnership Form Instructions.

Arizona Certificate of Limited Partnership

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What must be included in the name of a limited liability partnership?

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