Series 65: Limited Liability Partnership (LLP)

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Limited Liability Partnership (LLP)...

a kind of limited partnership where the general partner is not liable for the debts and obligations arising from the business negligence or misconduct of another partner or employee.

Since you're reading about Series 65: Limited Liability Partnership (LLP), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!