Limited liability partnership capacity to sue, hold property and exercise corporate powers upon registration and enter into transactions. Registration confers on a limited liability partnership the legal capacity to act as a corporate entity: it may sue and be sued, acquire, own, hold, develop and dispose of movable and immovable property (tangible or intangible), have a common seal if elected, and perform and endure such acts and things as bodies corporate lawfully may perform and endure.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Limited liability partnership capacity to sue, hold property and exercise corporate powers upon registration and enter into transactions.
Registration confers on a limited liability partnership the legal capacity to act as a corporate entity: it may sue and be sued, acquire, own, hold, develop and dispose of movable and immovable property (tangible or intangible), have a common seal if elected, and perform and endure such acts and things as bodies corporate lawfully may perform and endure.
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