South Carolina Code 33-41-1140. Powers granted to limited liability partnership
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 33-41-1140
- 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.
A limited liability partnership organized and existing under this chapter may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state or foreign country.