Initiating a business within the structured confines of a limited partnership in Illinois necessitates navigating through a series of procedural steps, the beginning of which is encapsulated in the completion and submission of Form LP 201. Crafted under the guidelines set by the Illinois Uniform Limited Partnership Act, this form serves as the foundational certificate required for the establishment of a limited partnership or limited liability limited partnership within the state. It outlines crucial elements such as the partnership name, which must adhere to specific naming conventions and restrictions, the designated office for record-keeping as mandated by Section 111, the appointment of a registered agent and office within Illinois, and a clear statement of the partnership's business purpose, which provides the flexibility of engaging in any lawful business activities permitted under the Act. The form also includes provisions for declaring the total contributions by all partners and, optionally, the terms regarding partnership dissolution and distribution rights. Payment for filing, which is mandatory and non-refundable, is accepted through several specific means, ensuring adherence to financial protocols. The solemnity of the form is underscored by a requirement for all general partners to affirm the veracity of the information provided under the penalties of perjury, underscoring the legal responsibilities entailed. Through this detailed outline, Form LP 201 encapsulates a pivotal step in legitimizing a limited partnership's operation within Illinois, setting the stage for regulatory compliance and business undertakings.
| Question | Answer |
|---|---|
| Form Name | Illinois Form Lp 201 |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | il lp 201 form, domestic partnership in illinois form, lp 201, lp201 |
Form LP 201
July 2012
Secretary of State
Department of Business Services Limited Liability Division
501 S. Second St., Rm. 357 Springfield, IL 62756
Payment must be made by certified check, cashier’s check, Illinois attorney’s check, Illinois C.P.A.’s check or money order, payable to Secretary of State. Please do not send cash.
Illinois
Uniform Limited Partnership Act
Certificate of Limited Partnership
SUBMIT IN DUPLICATE
Please type or print clearly.
Filing Fee: $150
Approved:
FILE #
This space for use by Secretary of State.
1. Limited Partnership Name:________________________________________________________________
(Must contain the words “Limited Partnership,” “L.P.,”“LP” or “LLLP,” and cannot contain
the words “Company,” “Corporation,” “Incorporated,” “Inc.,” “Co.,” or “Corp.”)
2. Address of Office at which records required by Section 111 will be kept:
_____________________________________________________________________________________
Street Address (P.O. Box alone is unacceptable.)
_____________________________________________________________________________________
City, State, ZIP
3.Registered Agent:_______________________________________________________________________
Registered Office:_______________________________________________________________________
Name
_____________________________________________________________________________________
Street Address (P.O. Box alone is unacceptable.)
|
IL |
City (must be in Illinois) |
ZIP |
4.Limited Partnership’s Purpose. The transaction of any or all lawful business for which limited partnerships/lim- ited liability limited partnerships may be formed under this Act.
Or a Specific Purpose: ___________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
5.This entity is a Limited Liability Limited Partnership: o Yes
o No
6.Total aggregate dollar amount of cash, property and services contributed by all partners (optional):
$ ___________________________________________________________________________________
♻Printed on recycled paper. Printed by authority of the State of Illinois. August 2012 — 1 — C LP 3.18
Form LP 201
7.If agreed upon, brief statement of partners’ membership termination and distribution rights (optional):
_____________________________________________________________________________________
_____________________________________________________________________________________
_____________________________________________________________________________________
The undersigned affirms, under penalties of perjury, that the facts stated herein are true, correct and complete.
All General Partners are required to sign the Certificate of Limited Partnership.
1. Dated: ___________________________________ |
2. Dated: __________________________________ |
Month, Day, Year |
Month, Day, Year |
________________________________________ |
________________________________________ |
Signature |
Signature |
________________________________________ |
________________________________________ |
Name and Title (type or print) |
Name and Title (type or print) |
________________________________________ |
________________________________________ |
General Partner Name if corporation or other entity |
General Partner Name if corporation or other entity |
________________________________________ |
________________________________________ |
Street Address |
Street Address |
________________________________________ |
________________________________________ |
City, State, ZIP |
City, State, ZIP |
3. Dated: ___________________________________ |
4. Dated: __________________________________ |
Month, Day, Year |
Month, Day, Year |
________________________________________ |
________________________________________ |
Signature |
Signature |
________________________________________ |
________________________________________ |
Name and Title (type or print) |
Name and Title (type or print) |
________________________________________ |
________________________________________ |
General Partner Name if corporation or other entity |
General Partner Name if corporation or other entity |
________________________________________ |
________________________________________ |
Street Address |
Street Address |
________________________________________ |
________________________________________ |
City, State, ZIP |
City, State, ZIP |
Signatures must be in black ink on an original document. Carbon copy, photocopy or rubber stamp signatures may only be used on conformed copies.