Guide

Jersey limited partnerships: A guide

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7 September 2022

Guide

A limited partnership is a partnership between one or more ‘general’ partners (who manage the partnership) and one or more ‘limited’ partners (passive investors who have no involvement in the day to day management of the partnership). While general partners have unlimited liability, a limited partner’s liability is limited (subject to certain restrictions) to the difference (if any) between the amount which they have actually contributed to the partnership and the amount they have agreed to contribute to the partnership.

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