Section 5
of Limited Liability Partnerships Order, 2010
ORDERIn forceProvision 5 of 62
Section 5
(1)
A limited liability partnership is a body corporate which is formed by being registered under this Order and which has legal personality separate from that of its partners.
(2)
A limited liability partnership shall have perpetual succession.
(3)
Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership.
Capacity and execution of documents.