Examlex
The Bismarckian System had the ultimate result of
Limited Partnership
A business structure where one or more partners have limited liability and are not involved in the day-to-day management, juxtaposed with at least one general partner who has unlimited liability.
RULPA
The Revised Uniform Limited Partnership Act, which is a statute that governs limited partnerships in the states that have enacted it.
Limited Partnership Certificate
A document that formally establishes the existence of a limited partnership and outlines its structure and operating principles.
Capital Contribution
The sum of money or assets that the owners or shareholders provide to a company for its use in business operations.
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