Michigan Limited Partnership

Michigan Limited Partnership Name
 
• The limited partnership name must contain, without abbreviation, the words "limited partnership". The name may not contain the name of a limited partner (unless the name is also the name of a general partner or the business of the limited partnership had been carried on under that name before the admission of that limited partner). The name may not contain any word or phrase indicating or implying that it is organized for a purpose other than described in Section 2 of the Certificate.

CERTIFICATE OF LIMITED PARTNERSHIP must be filed with the Secretary of State.

The document is effective on the date filed, unless a subsequent effective date within 90 days after received date is stated in the document.
 
• CERTIFICATE OF LIMITED PARTNERSHIP containing the following information
  • The name of the limited partnership
  • The general character of its business
  • The address of the office at which the limited partnership records are kept
  • The name of the agent for service of process
  • The address of the agent for service of process
  • The power of a limited partner to grant the right to become a limited partner to an assignee of any part of the partnership interest, and the terms and conditions of the power
  • Describe the times or events when a general partner may terminate membership in the limited partnership, and the terms and conditions of the termination.
  • Describe the times or events when a limited partner may terminate membership in the limited partnership. Include the amount or method of determining any distribution the limited partner is entitled to receive upon termination of their membership.
  • The right of the limited partner to receive distributions of property, including cash, from the limited partnership, other than indicated in 5(b)
  • The right of the limited partner to receive, or a general partner to make to a limited partner, distributions of property, which include a return of all or any part of the limited partner's contribution, other than indicated in 5(b)
  • The times or events at which the limited partnership is to be dissolved and its affairs wound up
  • The right of the remaining general partner(s) to continue the business upon the event of withdrawal of a general partner
  • Enter any other matters the partners may desire to include. If additional space is required attach a supplement. Attached are page(s)
  • Complete one section for each partner (general and limited). General partners must be listed first followed by limited partners.
• Filling Fees
  • Minimum Fee $10.00
  
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