Maricopa Arizona Certificate of Limited Partnership

• Category: Partnerships - Limited
• State: Multi-State
• County: Maricopa
• Control #: US-P1205-3AM
• Format: Word; Rich Text

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money. The Maricopa Arizona Certificate of Limited Partnership is an essential legal document that defines the establishment of a limited partnership in Maricopa County, Arizona. It outlines the rights, obligations, and responsibilities of the partners involved in the business. The certificate must be completed accurately and submitted to the Arizona Corporation Commission, which is the governing authority responsible for overseeing and regulating the formation and operation of limited partnerships. Key elements and information included in the Maricopa Arizona Certificate of Limited Partnership are: 1. Partnership Name: The chosen name for the limited partnership must be unique and comply with the naming requirements set forth by the Arizona Corporation Commission. 2. Registered Agent: A registered agent is a person or entity authorized to receive official legal and business documents on behalf of the partnership. The registered agent must have a physical address in Maricopa County. 3. Principal Place of Business: The certificate requires the disclosure of the primary location where the limited partnership conducts its business activities. This address is typically within Maricopa County. 4. Partnership Duration: The certificate should specify the intended duration of the partnership, which can be perpetual or for a specified period. If for a specific period, the exact start and end dates must be provided. 5. General Partner Information: The certificate demands details about the general partner(s), including their names, addresses, and contact information. 6. Limited Partner Information: Each limited partner's information must be listed, including their names, addresses, and contact details. 7. Partnership Purpose: The certificate outlines the specific nature of the partnership's business activities or the general field the partnership will engage in. 8. Distributions of Profits and Losses: This section provides a breakdown of how profits and losses will be allocated among the partners. It clarifies each partner's proportional share and distribution rights. 9. Amendments and Dissolution: The certificate explains the process for making amendments to the partnership agreement and outlines the steps necessary to dissolve the partnership if needed. Types of Maricopa Arizona Certificates of Limited Partnership may include: 1. Domestic Limited Partnership: A limited partnership formed in Maricopa County, Arizona, consisting of at least one general partner and one limited partner. 2. Foreign Limited Partnership: A limited partnership formed outside of Arizona that plans to operate its business within Maricopa County. This type of partnership must be registered as a foreign entity with the Arizona Corporation Commission. In conclusion, the Maricopa Arizona Certificate of Limited Partnership is a crucial legal document that establishes the formation and structure of a limited partnership in Maricopa County. It provides detailed information about the partners, their roles, and the partnership's business activities, ensuring transparency and legal compliance.

The Maricopa Arizona Certificate of Limited Partnership is an essential legal document that defines the establishment of a limited partnership in Maricopa County, Arizona. It outlines the rights, obligations, and responsibilities of the partners involved in the business. The certificate must be completed accurately and submitted to the Arizona Corporation Commission, which is the governing authority responsible for overseeing and regulating the formation and operation of limited partnerships. Key elements and information included in the Maricopa Arizona Certificate of Limited Partnership are: 1. Partnership Name: The chosen name for the limited partnership must be unique and comply with the naming requirements set forth by the Arizona Corporation Commission. 2. Registered Agent: A registered agent is a person or entity authorized to receive official legal and business documents on behalf of the partnership. The registered agent must have a physical address in Maricopa County. 3. Principal Place of Business: The certificate requires the disclosure of the primary location where the limited partnership conducts its business activities. This address is typically within Maricopa County. 4. Partnership Duration: The certificate should specify the intended duration of the partnership, which can be perpetual or for a specified period. If for a specific period, the exact start and end dates must be provided. 5. General Partner Information: The certificate demands details about the general partner(s), including their names, addresses, and contact information. 6. Limited Partner Information: Each limited partner's information must be listed, including their names, addresses, and contact details. 7. Partnership Purpose: The certificate outlines the specific nature of the partnership's business activities or the general field the partnership will engage in. 8. Distributions of Profits and Losses: This section provides a breakdown of how profits and losses will be allocated among the partners. It clarifies each partner's proportional share and distribution rights. 9. Amendments and Dissolution: The certificate explains the process for making amendments to the partnership agreement and outlines the steps necessary to dissolve the partnership if needed. Types of Maricopa Arizona Certificates of Limited Partnership may include: 1. Domestic Limited Partnership: A limited partnership formed in Maricopa County, Arizona, consisting of at least one general partner and one limited partner. 2. Foreign Limited Partnership: A limited partnership formed outside of Arizona that plans to operate its business within Maricopa County. This type of partnership must be registered as a foreign entity with the Arizona Corporation Commission. In conclusion, the Maricopa Arizona Certificate of Limited Partnership is a crucial legal document that establishes the formation and structure of a limited partnership in Maricopa County. It provides detailed information about the partners, their roles, and the partnership's business activities, ensuring transparency and legal compliance.