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Effective August 1, 2019, Title 6, Chapters 17 and 18 have been updated to allow for the formation of registered series for Limited Partnerships and Limited Liability Companies. The statute sets forth the certificates permitted to be filed with regard to a registered series. Additionally, the statute establishes the requirement of an annual tax for registered series.
Division of Limited Partnership
Effective August 1, 2019, Title 6, Section 17-220 enables a limited partnership to divide into one or more newly formed limited partnerships.
Statutory Public Benefit Limited Partnership
Effective August 1, 2019, Title 6, Section 17-1112 provides for the formation of statutory public benefit limited partnerships.