TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>LLP Not Liable for Unauthorized Partner Actions Known to Third Parties; Liable for Acts Within Business Scope.</h1> A limited liability partnership (LLP) is not responsible for actions taken by a partner if the partner lacks authority and the third party is aware of this lack of authority or does not recognize the individual as a partner. However, the LLP is liable for wrongful acts or omissions by a partner if these occur within the business's scope or with its authority. Any obligations of the LLP, whether contractual or otherwise, are solely its responsibility and must be fulfilled using the LLP's assets.
TaxTMI 
TaxTMI 
