Limited Partnership Certificate Of Revival {LP-7}

LP-7 - LIMITED PARTNERSHIP CERTIFICATE OF REVIVAL. Legal Authority: Statutory filing requirements are found in California Corporations Code section 15902.09. All statutory references are to the California Corporations Code, unless otherwise stated. Note: Signing Form LP-7 constitutes an affirmation under penalty of perjury that the facts stated in the certificate are true. (Section 15902.08(b).) • Form LP-7 may be used to revive a domestic (California) limited partnership if: (1) the California limited partnership was cancelled on or after January 1, 2008 pursuant to Section 15902.03 of the Uniform Limited Partnership Act of 2008 (2008 LP Act); and (2) at least one of the general partners listed in the Certificate of Limited Partnership at the time it was cancelled is still a general partner. • Upon the filing of Form LP-7 with the California Secretary of State, the California limited partnership will be revived with the same force and effect as if the certificate of limited partnership had not been cancelled pursuant to Section 15902.03. • It is recommended that legal counsel be consulted prior to submitting Form LP-7 to ensure that all issues are appropriately addressed. 2008 LP Act: A cancelled California limited partnership was subject to the 2008 LP Act (1) if the limited partnership was formed on or after January 1, 2008; or (2) if the limited partnership was formed prior to January 1, 2008, and elected to be governed by the 2008 LP Act prior to or at the time of cancellation pursuant to Section 15902.03. www.FormsWorkflow.com