Buy custom Adopting The Limited Partnership Regime
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2597 |
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Once a limited partnership has been formed on registration with the Registrar of Companies under s.7, the limited partnership will continue in existence until it is deregistered , so no extra costs accrue on the establishment. Once registered the general partner needs to clarify and certify a written limited partnership agreement...
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Once registered the general partner needs to clarify and certify a written limited partnership agreement. This agreement will bind any subsequent partners of the limited partnership which is stated under s(9)(3). Under s.10, the limited partnership agreement must detail the minimum matters set out in the act, such as the limited partnerships interests, entry and exit from the partnership, meetings and entitlement to distributions ...
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