limited liability partnership (LLP) | Legal Information Institute
Limited liability partnership (LLP) is a type of general partnership where every partner has a limited personal liability for the debts of the partnership. Partners will not be liable for the …
Limited Liability Partnerships (LLPs) Under the Law - Justia
Oct 18, 2025 · Much like limited partnerships, limited liability partnerships (often known by the acronym LLP) are an alternative to general partnerships that allows business owners to limit …
Limited Liability Partnership (LLP): Meaning and Features
Nov 8, 2025 · What Is a Limited Liability Partnership (LLP)? A limited liability partnership (LLP) is a flexible legal and tax entity where every partner has a limited personal liability for the...
Limited liability partnership - Wikipedia
A limited liability partnership (LLP) is a partnership in which some or all of the partners have limited liability. An LLP is the partnership form of a limited liability company (LLC) and has …
LLP | LegalZoom Business & Legal Glossary
A limited liability partnership (LLP) is a type of business structure that shields its owners from being liable for their partner's negligence or misconduct. What is a limited liability partnership …
LIMITED LIABILITY PARTNERSHIP Definition & Meaning
Aug 13, 2025 · The meaning of LIMITED LIABILITY PARTNERSHIP is a partnership in which the partnership is liable as an entity for debts and obligations and the partners are not liable …
What is a Limited Liability Partnership: Definition & Key Features
Apr 29, 2025 · What Is a Limited Liability Partnership (LLP)? A Limited Liability Partnership (LLP) is a hybrid business structure that combines the operational flexibility of partnerships with the …
What is a Limited Liability Partnership? | ZenBusiness
Jun 27, 2025 · What is a limited liability partnership? A limited liability partnership (LLP) is a business entity structure. At its core, an LLP is a partnership composed of two or more …
Limited Liability Partnership: Understanding Its Legal Definition …
A limited liability partnership (LLP) is a type of business partnership that provides its partners with protection from personal liability for the debts and obligations of the partnership.
What is a limited liability partnership? (LLP)
Oct 24, 2024 · A limited liability partnership (LLP) is a legal entity that allows business partners to benefit from limited liability, meaning that their personal assets are protected from the debts …