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Starting a GP (General Partnership)? Started a GP and need to issue partnership certificates that look professional and are easy to use? If yes, then this book is for you!   What is a GP (General Partnership)?   A GP is an unincorporated business with two or more individuals who actively co-manage its operation. By law, owners are held personally liable for any legal action filed against the company and are responsible for all of its debt obligations. Owners of a GP are referred to as "partners" or "general partners."   What is a GP partnership certificate?   A GP partnership certificate is a document that certifies ownership and specifies the number of units or percentage owned by a partner in a GP.   While GP partnership certificates aren't required by federal or state law, it is still highly recommended for GPs to use them. Without a GP partnership certificate to show evidence of ownership a partner may have no say or control in how a GP is structured or operates. GP partnership certificates should be issued during the initial meeting of its partners. A partnership transfer ledger must also be used to accurately record partnership transactions whether it is an initial issuance of units or percentage of ownership or any subsequent transfers during the GP's existence.   This book contains 20 blank GP partnership certificates (for the use of any GP established in the state of Alabama), a partnership transfer ledger to record buy-sell transactions of units or percentage of ownership, and bill of sale forms to document the purchase of units or percentage of ownership.