Central to the process of transcription is the complex of proteins known as the RNA polymerases. RNA polymerases have been found in all species, but the number and composition of these proteins vary across taxa.
To mitigate the harsh impact of these rules, every state has enacted legislation allowing the formation of a type of partnership known as a limited partnership. A limited partnership consists of one or more general partners and one or more limited partners. The same person can be both a general partner and a limited partner, as long as there are at least two legal persons who are partners in the partnership.
Limited Partnerships. Prior to the 80âs, hedge funds were generally established as limited partnerships. A limited partnership has both general and limited partners. The general partners participate in management and share the profits and losses. General partners are also jointly and severally liable for all debts and obligations of the partnership.