Sign-in Help
Commentary

60 Default provisions applying to limited liability partnerships

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

60 Default provisions applying to limited liability partnerships

| Commentary

60 Default provisions applying to limited liability partnerships

Subject to any exception contained in the Limited Liability Partnerships Act 2000 or any other enactment, the mutual rights and duties of the members of a limited liability partnership (LLP), together with the mutual rights and duties of an LLP and its members, will usually be governed by some agreement entered into by the members or by the LLP and its members1. In the absence of such an agreement, the rights and duties in any particular situation will be governed by default provisions contained in regulations made under the Limited Liability Partnerships

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial
EXISTING USER? SIGN IN TAKE A FREE TRIAL TAKE A FREE TRIAL
Stop drafting from scratch and work more productively.
Offering an unrivalled collection of non-litigation precedents for everything specialist and generalist practitioners are likely to encounter.
TAKE A FREE TRIAL Take a free trial Take a free trial