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 Glossary:

General Partner

General partner - The general partner is responsible for all the management decisions of the limited partnershipDefinition.

The general has a fiduciaryDefinition responsibility to act on behalf of the limited partners.

The general partner is fully taxable for his actions.

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 General partner - some related terms:
Fiduciary
Limited partnership

Blind pool
Functional allocation
Limited partnership
Member organization
Subscription agreement




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