The certificate of limited partnership need not be amended if a new general partner is admitted or withdraws from the partnership.

Question

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The certificate of limited partnership must be amended if a new general partner is admitted or withdraws from the partnership. This is required by state law in order to keep the public record accurate and up-to-date. Failure to amend the certificate could result in legal and financial consequences for the partnership and its partners.

The Certificate of Limited Partnership Need Not Be Amended If