Each partner has unlimited liability, including personal assets, for obligations entered into by the partnership, even if these are entered into by another partner.

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

The federal government recognizes several types of partnerships. The two most common are general and limited partnerships. If your business will be owned and operated by several individuals ...

There is no provision under Maine law for filing trade names of sole proprietorships or general partnerships at the state level. If you are operating your business as a sole proprietor, under a trade ...

The parents create the family limited partnership. Initially, the parents will hold the general partnership interests, say 2%. As general partners, the parents maintain virtually full control of ...

This is a complete list of forms and filing fees for filing General Partnerships with the Division of Corporations. All forms are provided in Acrobat (.PDF) format. If you wish to complete the forms ...