Limited partnerships
- Created by: Yzyl Quintana
- Created on: 04-04-18 22:21
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- Limited Partnerships
- Their liability for the debts of the partnerships limited to the capital they have put in
- Must be registered with the Registrar of Companies
- Not liable for the debts
- All the partners can't be limited partners so there must be at least 1 general partner with unlimited liability
- Arent allowed to take part in the management of the partnership or have the power to make the partnership take a decision
- Aren't allowed to take out/receive back any of their contribution to the partnership during its lifetime
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