← belizelaw.ai · Limited Liability Partnership, Cap. 258 · PART III — Relationship of Partners with one another and Third Parties

Admissions and retirement of partners

Cap. 258, s. 14 · Revised Edition 2020

(1) An additional partner shall not be admitted to a limited liability partnership except in accordance with the partnership agreement. 21 (2) Except as described in section 25 (1), a partner may only retire from a limited liability partnership in accordance with the partnership agreement. (3) No retirement shall have effect before a statement is delivered to the Registrar specifying the change pursuant to sections 18 (1) or 25 (2), as the case may be. etc.
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Admissions and retirement of partners — Cap. 258 s. 14 · Belize Law