In order to form a limited partnership, two or more partners, including all of the general partners, must execute a Certificate of Limited Partnership. Existence of the limited partnership begins when the Certificate of Limited Partnership has been filed by the Bureau. A Certificate of Limited Partnership must include all of the following information:
Name of the limited partnership, which must contain the words "Limited Partnership".
Resident Agent and Registered Office in Michigan upon whom legal service of process may be served.
General nature of the partnership's business.
The term of the limited partnership.
Name and business or residence address of each partner.
Any agreements between partners regarding terminations, distributions of assets, dissolution and any other matters that the partners may decide to include.