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Limited liability partnership (LLP) is a type of general partnership where every partner has a limited personal liability for the debts of the partnership. Partners will not be liable for the tortious damages of other partners but potentially for the contractual debts depending on the state.
The certificate must state: (1) the name of the limited partnership, which must comply with Section 15901.08; (2) the address of the initial designated office; and (3) the name and address of the initial agent for service of process in ance with paragraph (1) of subdivision (d) of Section 15901.16.
Obtain Assumed Business Name Preliminary name search to ensure availability of assumed name. Review of client's information to ensure legal requirements are fulfilled. Completion of Certificate of Assumed Name form. Submission of form and filing fee with the Kentucky Secretary of State.
Some states only require that the certificate contains the name of the limited partnership, the name and address of the registered agent and registered office, and the names and addresses of all of the general partners.
Frequently Asked Questions: Kentucky LLC Formation You must file articles of organization, appoint a registered agent, and pay a filing fee of $40 (or $60 for expedited service). ... You must pay an annual $15 filing fee. ... An LLC is taxed as a pass-through entity.
The firm name of your limited liability partnership must contain the words ?limited liability partnership? or ?societe a responsabilite limitee? or the abbreviations ?LLP?, ?L.L.P.? or ?s.r.l.? as the last words or letters of the firm name.
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. Each general partner has unlimited liability for the obligations of the business.
Certificates of existence may be relied on as conclusive evidence that a domestic corporation or domestic limited liability company is in existence; certificates of authorization may be relied on as conclusive evidence that a foreign corporation or foreign limited liability company is authorized to transact business in ...