Massachusetts General Laws ch. 109 sec. 16 – Delivery of certificates to limited partners
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Section 16. Upon the return by the secretary of state pursuant to section thirteen of a certificate marked ”filed”, the general partners shall promptly deliver or mail a copy of the certificate of limited partnership and each certificate to each limited partner unless the partnership agreement provides otherwise.
Terms Used In Massachusetts General Laws ch. 109 sec. 16
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.