Texas Limited Partnership Agreement?

Answer A Texas limited partnership is designed to protect partners who do not take an active role in the management of the partnership from unlimited liability for debts of the partnership. A limited part... Read More »

Top Q&A For: Texas Limited Partnership Agreement

What is a limited partnership agreement?

A limited partnership agreement is formed between one or more general partners and one or more limited partners. It overrides the default rules of the Uniform Limited Partnership Act (ULPA), and ma... Read More »

The Domestication of a Foreign Limited Partnership Into a Florida Limited Partnership?

A foreign limited partnership desiring to become a domestic limited partnership in Florida has to meet specific legal requirements and file domestication documents with the Florida Secretary of Sta... Read More »

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

How to Sell a Limited Partnership?

A limited partnership is a group of individuals, companies or a mixture of both that do business together and share profits and losses. A limited partnership is created by filing with state authori... Read More »