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§ 326. Records to be kept

(a) Each limited partnership shall keep at the office referred to in section 325, subsection (1) of this chapter the following: (1) a current list of the full name and last known business address of each partner, separately identifying the general partners (in alphabetical order) and the limited partners (in alphabetical order); (2) a copy […]

§ 327. Nature of business

A limited partnership may carry on any business that a partnership without limited partners may carry on.

§ 328. Business transactions of partner with partnership

Except as provided in the partnership agreement, a partner may lend money to and transact other business with the limited partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.

§ 324. Reservation of name

(a) The exclusive right to the use of a name may be reserved by: (1) any person intending to organize a limited partnership under this chapter and to adopt that name; (2) any domestic limited partnership or any foreign limited partnership registered in the Virgin Islands which, in either case, intends to adopt that name; […]

§ 325. Specified office and agent

Each limited partnership shall continuously maintain in the Virgin Islands: (1) an office, which may but need not be a place of its business in the Virgin Islands, at which shall be kept the records required by Section 326 of this chapter to be maintained; and (2) an agent for service of process on the […]

§ 322. Definitions

As used in this chapter, unless the context clearly requires otherwise: (1) “Certificate of limited partnership” means the certificate referred to in section 341 of this chapter, and the certificate as amended or restated. (2) “Contribution” means any cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property […]

§ 323. Name

The name of each limited partnership as set forth in its certificate of limited partnership: (1) shall contain without abbreviation the words “limited partnership”; (2) may not contain the name of a limited partner unless (i) it is also the name of a general partner or the corporate name of a corporate general partner, or […]