Certificate of Limited Partnership - Oregon (English / Vietnamese)

Certificate of Limited Partnership is a legal document that was released by the Oregon Secretary of State - a government authority operating within Oregon.

FAQ

Q: What is a Certificate of Limited Partnership?
A: A Certificate of Limited Partnership is a legal document that establishes and formalizes the existence of a limited partnership in Oregon.

Q: Who can file a Certificate of Limited Partnership?
A: The general partner(s) of the limited partnership must file the Certificate of Limited Partnership with the Oregon Secretary of State.

Q: What information is required on the Certificate of Limited Partnership?
A: The Certificate of Limited Partnership must include the name of the limited partnership, the address of its principal office, the names and addresses of the general partners, and the duration of the partnership.

Q: Is there a fee for filing a Certificate of Limited Partnership?
A: Yes, there is a fee for filing a Certificate of Limited Partnership in Oregon. The fee amount may vary.

Q: How long does it take to process a Certificate of Limited Partnership?
A: The processing time for a Certificate of Limited Partnership in Oregon can vary, but it typically takes several business days to process.

Q: Can a Certificate of Limited Partnership be amended or cancelled?
A: Yes, a Certificate of Limited Partnership can be amended or cancelled by filing the necessary documents with the Oregon Secretary of State.

Q: What are the benefits of forming a limited partnership?
A: Forming a limited partnership allows for the sharing of profits and losses among partners, while providing some limited liability protection for the limited partners.

Q: Are there any specific requirements for the name of a limited partnership?
A: Yes, the name of a limited partnership must include the words 'Limited Partnership' or the abbreviation 'LP'.

Q: Do limited partners have management authority in a limited partnership?
A: No, limited partners generally do not have management authority in a limited partnership. They are typically passive investors.

Q: Can a limited partnership be converted into a different business entity?
A: Yes, a limited partnership can be converted into a different business entity by filing the necessary conversion documents with the Oregon Secretary of State.