The District of Columbia Certificate of Limited Partnership is a legal document filed with the Office of the Secretary of the District of Columbia to establish a new private equity fund as a limited partnership. This certificate serves as proof of the entity's formation and outlines important details regarding the partnership structure and its operation. One type of District of Columbia Certificate of Limited Partnership is the "General Partnership." This type of partnership consists of at least two partners, where one assumes the role of the general partner responsible for managing the business and being liable for the partnership's debts. The other partners, known as limited partners, have limited liability and participate mainly as passive investors. Another type is the "Limited Liability Limited Partnership (LL LP)." In an LL LP, all partners have limited liability, including the general partner(s). This structure provides added protection to all partners, shielding their personal assets from the partnership's obligations and liabilities. Keywords: District of Columbia, Certificate of Limited Partnership, private equity fund, limited partnership, general partner, limited partner, limited liability, general partnership, Limited Liability Limited Partnership (LL LP), formation, partnership structure.
District of Columbia Certificate of Limited Partnership of New Private Equity Fund
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How to fill out District Of Columbia Certificate Of Limited Partnership Of New Private Equity Fund?
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