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URL:  http://boards.fool.com/you-mention-mlp-preferred-how-can-an-mlp-issue-a-30954473.aspx

Subject:  Re: Qualified Dividends Question Date:  11/2/2013  7:00 PM
Author:  ptheland Number:  119446 of 120806

You mention MLP preferred. How can an MLP issue a class of stock?

They can't issue stock. As you mention, they are partnerships and not corporations.

However, any partnership can have different classes of partners, with different rights accruing to each class.

--Peter
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