In our recent publication defining the special limited partnership (SLP - or société en commandite spéciale, SCSp), we referred to the fact that the SLP is a contractual partnership between two types of partners: the limited partner (associé commanditaire) on the one hand and the general partner (associé commandité) on the other.

In keeping with its contractual nature, the SLP may, unless otherwise provided for in the partnership agreement, have a general partner who is also a limited partner. This is only possible if the SLP has at least one limited partner and one general partner who are legally separate from each other.

We will also see that every SLP must keep a register and that, within the limits of the partnership agreement, any partner may consult it.

References: article 320-1 (5) and 320-1 (6) - last sentence - of the law of 10 August 1915 on commercial companies as amended; What is a special limited partnership? (#321-310*), Bertrand Mariaux; #202-191* De certaines particularités des associés (SCSp).

*Podcast #323:

*YouTube Video 312*:

Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)

Contributor: Cédric Buisine, Avocat