What is formed by filing a Certificate of Limited Partnership?

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Filing a Certificate of Limited Partnership is a crucial step in the establishment of a limited partnership. This document formally creates the legal entity known as a limited partnership, which consists of at least one general partner and one or more limited partners. The general partner manages the partnership, while the limited partners typically provide capital and have limited liability, meaning they are not personally responsible for the debts of the partnership beyond their investment.

This process of filing ensures that the partnership is recognized by the state and provides certain legal protections and structure to the business arrangement. It is specifically tailored to facilitate the operation and management of a limited partnership, setting it apart from other business entities such as corporations, general partnerships, or business trusts.

The other options refer to different types of business structures that require distinct formation processes. A domestic corporation, for instance, is established through articles of incorporation, while a general partnership does not require formal registration. A business trust involves different legal principles related to the management of property for beneficiaries. Thus, the filing of a Certificate of Limited Partnership directly leads to the formation of a limited partnership, making it the correct answer.

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