View source for Limited Partnerships in Pennsylvania

=Overview=
A partnership formed by two or more persons with at least one general partner and at least one limited partner. The limited partners have limited exposure to liability. 
<br>
A limited partnership is governed by the Pennsylvania Uniform Limited Partnership Act of 2016, [https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15&div=0&chpt=86 15 Pa.C.S. §§ 8611-8695].

=Formation=
A limited partnership is formed by filing a Certificate of Limited Partnership with the Pennsylvania Department of State Bureau of Corporations and Charitable Organizations.<br>
<br>
The Certificate of Limited Partnership must contain:
*The partnership's name
*The address of the partnership's registered office
*The name and address of each general partner.
<br>
The Certificate may contain some additional optional information ([https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15&div=0&chpt=86&sctn=21&subsctn=0 § 8621(c)]) and may be amended ([https://www.legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=15&div=0&chpt=86&sctn=22&subsctn=0 § 8622]) 

=Partnership Agreement and Operation=
The Act sets forth the contents (§ 8615), application (§ 8616), and amendment of the partnership agreement (§ 8617). The Act also mandates the information a limited partnership must maintain in its principal office (§ 8618).