GPLLPLPLLCCorpFormation •No filing requirement•You only need an agrmt b/t 2 or more ppl to carry on a bizfor profit•can be created by default, mistake, unintentionally •operating doc = partnership agreementUPA §7 p. 5 ; RUPA§202(c) p. 26 RUPA§1001 pg. 48 •1) same rules as GP, but also•2) must Filecertof limtdpartnership•3) Name Reqmt -§1002 pg. 48RUPLA §201 pg. 75•1) file certificate oflimited partnership w/ sec of state in whatever state is chosen (cant be created casually) and •2) must have Limitedpartnership agreement•3) Name Requirement RULPA§108 pg. 69•file articles oforganization w/ sec of state and• have an operating agreement(not filed)DGCL Taxation Flow ThroughFlow ThroughFlow ThroughFlow ThroughDouble Taxn Liability (judgments) Unlimited Liability
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