Certificates of limited partnership must include information about the proportion of the profits or compensation that partners are entitled to receive.

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According to most state laws regarding limited partnerships, the certificate of limited partnership must include information about the proportion of profits or compensation each partner is entitled to receive. This information is critical for defining the terms of the partnership and protecting the interests of individual partners. Failure to include this information in the certificate of limited partnership can leave the partnership open to disputes and legal challenges.

Certificates of Limited Partnership Must Include Information About the Proportion