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Instructions for Completing the Certificate of Cancellation ( form LP- 4/7) To terminate (cancel) a limited partnership (LP), complete the Certificate of Cancellation ( form LP-4/7). Before submitting the completed form , you should consult with a private attorney for advice about your specificbusiness needs. Upon filing the Certificate of Cancellation ( form LP-4/7), the LP will be cancelled and the powers, rights andprivileges will cease in California. The LP must file final tax returns with the Franchise Tax Board. See Final Tax Returns section : Filing Fee: No fee for filing this Certificate of Cancellation ( form LP-4/7). Faster Service Fee:-Counter and guaranteed expedite services are available only for documents submitted in person (drop off) to our Sacramento Drop Off: A separate, non-refundable $ counter drop off fee is required if you submit in person your completed document at our Sacramento office.
•For California LPs: This Form LP- 4/7 must be signed by ALL of the General Partners. •For Registered Foreign LPs: This Form LP-4/7 must be signed by at least one General Partner of the foreign LP. •Do not use a computer-generated signature. •Multiple Form LP-4/7’s with different signatures will be returned without being filed – use only one form.
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