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ALL THINGS LEGAL, INC. IS YOUR SOURCE FOR FAST, ACCURATE LEGAL DOCUMENTS.
LLC Document Review

Where are we?

Our office is located in Thousand Oaks off the Rancho Road exit from the 101 near Roxy's Deli. This office is used as a mail drop ONLY. All meetings are done at a location of the customer's convenience -whether home, work, coffee shop, or hospital. I COME TO YOU!

1421 E. Thousand Oaks Blvd., Suite 12
Thousand Oaks, CA 91362

Phone: (805) 480-0171 OR (805) 778-0025 OR (866) 480-0171 Fax (866) 761-7108

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Thousand Oaks - Westlake Village Chamber of Commerce

California Legal Procedures

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Limited Partnerships

In general

In a Limited Partnership, one or more "general" partners manage the business while "limited" partners contribute capital and share in the profits but take no part in running the business. General partners remain personally liable for partnership debts while limited partners incur no liability with respect to partnership obligations beyond their capital contributions. The purpose of this form of business is to encourage investors to invest without risking more than the capital they have contributed.

Duration

Death, disability, or withdrawal of a general partner dissolves the partnership unless the partnership agreement provides otherwise or all partners agree, in writing, to substitute a general partner. Note, death or incompetence of a Limited Partner has no effect on the partnership

Formalities

The formalities of setting up and operating a limited partnership are very similar to that of starting a small, for-profit corporation. The California Limited Partnership Act, for example, requires the filing of a certificate with the Secretary of State, applies restrictions on the use and availability of partnership names, contains statutory requirements with respect to the manner of calling and holding meetings, and contains many corporation-like requirements.

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Disclaimer: Diana Slater is not an attorney. All Things Legal, Inc. is not a law firm. We can only provide self help services at your specific direction. Previously, a Legal Document Assistant (LDA) was called an Independent Paralegal. California SB 1418 became effective January 1, 2000 which now REQUIRES all Legal Document Assistants to be registered and bonded. Be sure when using a self-help service you choose someone who has met the experience and education requirements of a Legal Document Assistant and is registered and bonded. Ventura County, Los Angeles County, Ventura, Oxnard, Camarillo, Newbury Park, Thousand Oaks, Westlake Village, Agoura, Calabasas, Fillmore, Santa Paula, Somis, Simi Valley, Moorpark, Ojai, California, Adoptions, Agreements, Annulments, Bill of Sale, Child Custody, Child Support, Civil Actions, Civil Harassment Restraining Orders, Conservatorships, Contempt, Contracts, Corporations (Subchapter C, S, private, or close corporations), Deeds, Dissolution, Durable Power of Attorney, Emancipation of Minor, Evictions, Family Law discovery preparation, Guardianships, Health Care Directives, Lawsuits, Limited Conservatorships, LLC's (limited liability companies), Marital Settlement Agreements, Mechanic's Liens, Misc Legal Forms, Modification of Child Support, Name Changes, Notary Services, Notary Signing Agent Services, Orders to show cause, Partnerships, Paternity, Postnuptial Agreements, Powers of Attorney, Powers of Attorney for Health Care, Powers of Attorney for Property, Prenuptial Agreements, Probate, Promissory Notes, Quit Claim Deeds, Response, Restraining Orders, Separations, Small Claims, Temporary Restraining Orders (TROs), Unlawful detainer, Visitation, Wills