Illinois Registered Agent, ​  Inc.


LP 201 - Certificate of Limited Partnership

We assist our clients with a review of your completed forms to insure acceptance by the State.

Instructions for completing LP 201- Certificate of Limited Partnership

This topic will answer the following questions:

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limited partnerships, please contact us.

Certificate of Limited Partnership

Unlike Corporations where you have Directors and Shareholder, or limited liability companies that have members and managers, Limited Partnerships have general partners and limited partners. General partners man the day-to-day operations of the business. The general partner may also be personally liable for the debts of the company, while the limited partner is not. A general partner's liability is not limited to their investment, whereas in a limited liability company, their members have limited liability, and in a Corporation, the directors and officers have a certain degree of indemnity depending on the level of corporate compliance maintained by the company.                                 

​Numbered items in the article below correspond to the numbered questions on the form.   Unless indicated as optional, all questions must be completed.