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The reactions on the right side of the following table occur only
Fiduciary Duty
The obligation to act in the best interest of another party, such as a trustee's duty towards the beneficiaries of the trust.
ULPA of 2001
The Uniform Limited Partnership Act of 2001 is legislation that provides updated guidelines and regulations for the formation, operation, and dissolution of limited partnerships in the United States.
Transfer of interest
The process of assigning or transferring one’s legal rights or stake in a property or entity to another.
Limited Partnership Agreement
A contract among partners of a limited partnership defining the partnership's terms, structure, and operations.
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