§ 9:3431 Nature of partner’s liability in ordinary partnership and in registered limited liability partnership
§ 9:3432 Registered limited liability partnerships
§ 9:3433 A. A registered limited liability partnership’s name shall contain the words “registered limited liability partnership” or the abbreviation “L.L.P.” as the last words or letters of i
§ 9:3434 Restrictions on distributions
§ 9:3435 Provisions applicable to registered limited liability partnerships

Terms Used In Louisiana Revised Statutes > Title 9 > Code Title XI > Chapter 3 - Registered Limited Liability Partnerships

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Fraud: Intentional deception resulting in injury to another.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.