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Limited partner
(redirected from Limited partnerships)

    Also found in: Legal, Wikipedia 0.03 sec.
Limited partner
A partner who has limited legal liability for the obligations of the partnership.
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During 1998 and 1999 Mark and Michele Senda formed two family limited partnerships to which they transferred a total of 46,977 shares of MCI WorldCom stock worth approximately $3.
Family limited partnership transfers were indirect gifts of stock by Burnett, Sharon / Journal of Accountancy
in an important case that could have seriously undermined the value of limited partnerships to conduct business in multiple jurisdictions, manage liability and avoid frivolous litigation (Roche v.
Court rules for apartment owner by Units
Kleinberger (WG&L, 2005), comprehensively and analytically addresses the critical issues facing tax advisers on the formation, operation and dissolution of limited liability companies (LLCs) and other vehicles, such as limited liability partnerships and limited liability limited partnerships.
Limited Liability Companies: Tax and Business Law by Fink, Philip R. / The Tax Adviser
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