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Information about setting up new company
Limited Partnerships (Includes LLLP)
- A LIMITED PARTNERSHIP may provide limited liability for some
partners. There must be at least one General Partner that acts as
the controlling partner while the liability of limited partners is
normally limited to the amount of control or participation they
have engaged in. General partners of a limited partnership have
unlimited personal liability for the partnership's debts and
obligation.
MORE INFORMATION about
setting up limited partnership
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