[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR806.12]

[Page 20-21]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
    CHAPTER VIII--BUREAU OF ECONOMIC ANALYSIS, DEPARTMENT OF COMMERCE
 
PART 806--DIRECT INVESTMENT SURVEYS--Table of Contents
 
Sec. 806.12  Partnerships.

    Limited partners do not have voting rights in a partnership and 
therefore cannot have a direct investment in a

[[Page 21]]

partnership; their investment is considered to be portfolio investment. 
Determination of the existence of direct investment in a partnership 
shall be based on the country of residence of, and the percentage 
control exercised by, the general partner(s), although the latter may 
differ from the financial interest of the general partners.