Legal Question in Business Law in California
Up to how many investor can be a part of a Limited Partnership?
Asked on 9/29/10, 9:26 pm
2 Answers from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
A limited partnership needs at least one limited partner and one general partner. There is no ceiling. For some securities-issuance purposes, however, the limited partnership may need to "limit" itself to, typically, 35 investors.
Answered on 3/09/11, 7:23 pm
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