Читать книгу Taxation Essentials of LLCs and Partnerships - Larry Tunnell - Страница 14

1 What is the difference between a limited partnership and a limited liability limited partnership?Limited partners in a limited partnership do not participate in management, whereas those in a limited liability limited partnership do.General partners in a limited liability limited partnership have limited personal liability.All the partners in a limited liability limited partnership have more protection from the liabilities of the partnership than in a limited partnership.Limited partners in a limited liability limited partnership have limited personal liability.