The Maricopa Arizona Amended and Restated Agreement of Limited Partnership is a legal document that outlines the terms and conditions of a limited partnership agreement specific to the city of Maricopa, Arizona. This agreement is crucial for individuals or entities looking to form a limited partnership in Maricopa and includes various key provisions and clauses that govern the partnership's operations. One type of Maricopa Arizona Amended and Restated Agreement of Limited Partnership is intended for businesses or individuals seeking to establish a limited partnership in Maricopa, wherein there is at least one general partner who bears unlimited liability and manages the partnership's day-to-day affairs, along with one or more limited partners who invest capital but possess limited liability. This agreement encompasses essential aspects such as the name and purpose of the partnership, the duration of the partnership, and the contributions made by each partner. It also contains provisions regarding the allocation of profits and losses, the distribution of assets upon dissolution, and the rights, duties, and responsibilities of general and limited partners. Another type of Maricopa Arizona Amended and Restated Agreement of Limited Partnership might address partnerships involved in specific industries such as real estate, agriculture, or technology. These agreements may contain additional clauses and provisions tailored to the unique requirements and regulations governing these industries. Moreover, the amended and restated aspect of the agreement refers to any modifications or adjustments made to the initial partnership agreement in order to better suit the evolving needs of the partnership. This could include changes in partnership percentages, admission of new partners, or changes in the partnership's operations or goals. In summary, the Maricopa Arizona Amended and Restated Agreement of Limited Partnership is a comprehensive legal document designed to govern and regulate limited partnerships established in the city of Maricopa, Arizona. It provides a framework for the rights, obligations, and operational guidelines of the partners involved, ensuring a transparent and legally binding partnership structure.