Extent of liability of limited liability partnership
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....bility partnership. 27. (1) A limited liability partnership is not bound by anything done by a partner in dealing with a person if- (a) the partner in fact has no authority to act for the limited li....
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....ted liability partnership or with its authority. (3) An obligation of the limited liability partnership whether arising in contract or otherwise, shall be solely the obligation of the limited liabili....


TaxTMI
TaxTMI