← belizelaw.ai · Limited Liability Partnership, Cap. 258 · PART II — Essentials of a Limited Liability Partnership

Liability of a limited liability partnership

Cap. 258, s. 5 · Revised Edition 2020

(1) A limited liability partnership is liable for any debt or loss for which, if the limited liability partnership were an ordinary partnership, the partners would otherwise be liable; either jointly or jointly and severally. (2) There shall be available to meet any liability of a limited liability partnership its limited liability partnership property.
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