A limited partnership combines corporate limited liability with partnership taxation and consists of a general partner and one or more limited partners. A CMB affiliate forms each limited partnership to act as the "new commercial enterprise" under the EB-5 program. The limited partnership agreement details, among other things, the rights and powers of the limited partners and general partner, percentages of ownership, how distributions of profits can occur, and the compensation paid to the general partner. The general partner manages the day to day operations of the limited partnership. The limited partners have limited duties and decision making powers within the partnership, but are liable only for the amount of their investment.