Section 449.1201 – Formation; Certificate of Limited Partnership; Contents; Date of Formation.
449.1201 Formation; certificate of limited partnership; contents; date of formation. Sec. 201. (a) In order to form a limited partnership 2 or more persons shall execute a certificate of limited partnership. The certificate shall be filed in the office of the administrator and set forth all of the following: (1) The name of the limited […]
Section 449.1202 – Certificate of Limited Partnership; Amendment; Contents of Certificate of Amendment; Events Necessitating Amendment; Liability; Restated Certificate of Limited Partnership; Effective Date of Amendment.
449.1202 Certificate of limited partnership; amendment; contents of certificate of amendment; events necessitating amendment; liability; restated certificate of limited partnership; effective date of amendment. Sec. 202. (a) A certificate of limited partnership is amended by filing a certificate of amendment to the certificate of limited partnership in the office of the administrator. The certificate of […]
Section 449.1203 – Certificate of Limited Partnership; Cancellation; Contents of Certificate of Cancellation; Effective Date of Cancellation.
449.1203 Certificate of limited partnership; cancellation; contents of certificate of cancellation; effective date of cancellation. Sec. 203. (a) A certificate of limited partnership shall be canceled upon the dissolution and the commencement of winding up of the partnership or at any other time there are no limited partners. A certificate of cancellation shall be filed […]
Section 449.1204 – Manner of Executing Certificates.
449.1204 Manner of executing certificates. Sec. 204. (a) Each certificate required by this article to be filed in the office of the administrator shall be executed in the following manner: (1) An original certificate of limited partnership shall be signed by all partners named in the certificate. (2) A certificate of amendment or a restated […]
Section 449.1205 – Failure to Execute Certificate; Circuit Court Proceedings; Court-Ordered Certificate; Assessment of Court Costs and Attorney Fees; Effective Date of Court-Ordered Amendment or Cancellation.
449.1205 Failure to execute certificate; circuit court proceedings; court-ordered certificate; assessment of court costs and attorney fees; effective date of court-ordered amendment or cancellation. Sec. 205. If a person required by section 204 to execute a certificate of amendment, a restated certificate of limited partnership, or a certificate of cancellation fails or refuses to do […]
Section 449.1101 – Definitions.
449.1101 Definitions. Sec. 101. As used in this act, unless the context otherwise requires: (1) “Administrator” means the chief officer of the Michigan department of commerce or his or her designated representative. (2) “Certificate of limited partnership” means the certificate, and the certificate as amended or restated, referred to in section 201. (3) “Contribution” means […]
Section 449.1102 – Name of Limited Partnership; Requirements and Restrictions.
449.1102 Name of limited partnership; requirements and restrictions. Sec. 102. 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) the name is also the name of a general […]
Section 449.1103 – Name of Limited Partnership; Reservation of Exclusive Right to Use; Application; Time Period; Expiration; Extension; Transfer of Right.
449.1103 Name of limited partnership; reservation of exclusive right to use; application; time period; expiration; extension; transfer of right. Sec. 103. (a) The exclusive right to the use of a name may be reserved by any of the following: (1) Any person intending to organize a limited partnership under this act and to adopt that […]
Section 449.1104 – Transacting Business Under Assumed Name; Certificate.
449.1104 Transacting business under assumed name; certificate. Sec. 104. (a) A domestic limited partnership may transact its business under any assumed name or names other than its name as set forth in its certificate of limited partnership and a foreign limited partnership may transact its business under any assumed name or names other than the […]
Section 449.1105 – Maintenance of Office and Agent for Service of Process; Resignation of Agent; Appointment of Successor.
449.1105 Maintenance of office and agent for service of process; resignation of agent; appointment of successor. Sec. 105. (a) Each limited partnership shall continuously maintain in this state both of the following: (1) An office, which may be but need not be a place of its business in this state, at which shall be kept […]