A. The name of a partnership that is also a registered limited liability partnership shall contain the words “Registered Limited Liability Partnership” or “Limited Liability Partnership” or the abbreviation “R.L.L.P.” or “L.L.P.” or the designation “RLLP” or “LLP.”

Terms Used In Virginia Code 50-73.133

  • 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.

B. The name of a limited partnership that is also a registered limited liability partnership shall comply with the requirements of subdivision A 2 of § 50-73.78.

1996, c. 292; 1998, c. 163; 2007, c. 631.