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Limited Partnerships

Limited Partnership

A limited partnership is a partnership formed by two or more persons under the laws of Michigan and having one or more general partners and one or more limited partners. The general partners are liable for all the debts and obligations of the firm, while limited partners are responsible only for the debts and obligations of the amount that they contributed. A limited partnership must have at least one general partner and one limited partner. One person may not form a limited partnership by being designated as the only limited and general partner.

Limited Partnership Forms

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Uniform Limited Partnership Act (Act 213 of 1982)

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Types

Foreign Limited Partnership

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Filing

Filing

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Limited Partnership Filing Requirements

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Name


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Purpose

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Resident Agent and Registered Office

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Entity Maintenance

Amendments

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Certificate of Cancellation

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Converting to Limited Liability Company

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Mergers

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Restated Certificate

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