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of <h1>Ways a Partner Can Exit an LLP: Agreement, 30-Day Notice, Death, Insolvency, or Unsound Mind. Obligations Remain.</h1> A partner in a limited liability partnership (LLP) may cease to be a partner through an agreement with other partners or by providing a written notice of at least thirty days. A partner also ceases upon death, dissolution, being declared of unsound mind, or insolvency. A former partner is considered a partner unless notice is given to others or the Registrar. Ceasing as a partner does not discharge obligations incurred while being a partner. The former partner or their successor is entitled to the capital contribution and profits, but cannot interfere in LLP management.
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