Limited partnerships are legally formed by filing a certificate of limited partnership with the state in which the partnership will be organized.

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Limited partnerships are indeed legally formed by filing a certificate of limited partnership with the state in which the partnership will be organized. This certificate includes important information like the name and address of the partnership, the names and addresses of the general and limited partners, and the duration of the partnership. Once the certificate is filed and the necessary fees are paid, the partnership is considered legally formed and can begin operating.

Limited Partnerships Are Legally Formed by Filing a Certificate of Limited