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Delaware does NOT require an operating agreement. However, it is highly recommended to have a LLC operating agreement even if you are only a single member LLC. The state of Delaware recognizes operating agreements and governing documents.
A certificate of limited partnership must be signed by all the general partners and state their names and addresses. A partnership agreement is not required to be publicly filed or recorded, and the names of the limited partners are not required to be set forth in the certificate of limited partnership.
A limited liability company agreement may provide for the taking of an action, including the amendment of the limited liability company agreement, without the vote or approval of any member or manager or class or group of members or managers, including an action to create under the provisions of the limited liability ...
Section 18-217 allows a domestic Delaware limited liability company (LLC) to divide itself into two or more domestic LLCs and to allocate the assets and liabilities of the dividing LLC (the ?dividing company?) among itself (if the dividing company survives the division) and the newly formed LLCs (the ?resulting ...
A limited partnership has two types of partners: general partners and limited partners. It must have one or more of each type. All partner, limited and general, share the profits of the business.
A Delaware limited partnership is a partnership formed under the Delaware Revised Uniform Limited Partnership Act having one or more general partners and one or more limited partners.
A Delaware Limited Partnership (LP) includes one or more General Partners, who manage the company on a day-to-day basis, and one or more Limited Partners, who do not participate in management. The General Partner can be an individual or an entity.
A Delaware Limited Partnership refers to a business entity in the state of Delaware that consists of at least one general partner and at least one limited partner. The general partner can be either an individual or an entity, such as a corporation.