Limited Partnership Agreement

Limited Partnership Agreement

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LIMITED PARTNERSHIP AGREEMENT

 

This Agreement of Limited Partnership of the Family Assets Limited Partnership, a _______________________ limited partnership, is entered into on ____________, between ___________________________, a _______________________corporation, as General Partner, and the persons executing the attached signature pages as Limited Partners.

 

ARTICLE 1

NAME

 

1.1. Name. The name of the Partnership is "Family Assets Limited Partnership," duly organized as a limited partnership under the laws of the State of North Carolina by the filing of a Certificate of Limited Partnership admitted to record in the office of the _______________________ Secretary of State on _______________________.

 

1.2. Other Names. Partnership business shall be conducted under such names as the General Partner may from time to time deem necessary or advisable, provided that the appropriate amendments to this Agreement and/or necessary filings under applicable assumed or fictitious name statutes are first obtained.

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