Certificate of Limited Partnership of a Virginia or Foreign Partnership Converting to a Virginia Limited Partnership is a legal document that is filed with the Virginia State Corporation Commission (SCC) to convert a partnership into a Limited Partnership (LP). This document is used to establish the basic information of the LP, such as the name and address of the limited partnership, the general partners' information, and the purpose of the LP. It also specifies the capital contributions of each partner, defines the rights and duties of the general partner, and outlines the restrictions on the transfer of interests in the LP. There are two types of Certificate of Limited Partnership of a Virginia or Foreign Partnership Converting to a Virginia Limited Partnership: 1) Certificate of Conversion of a Virginia Partnership to a Virginia Limited Partnership, and 2) Certificate of Conversion of a Foreign Partnership to a Virginia Limited Partnership.
Certificate of Limited Partnership of a Virginia or Foreign Partnership Converting to a Virginia Limited Partnership
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