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THE LIMITED LIABILITY PARTNERSHIP ACT, 2008 · NATURE OF LIMITED LIABILITY PARTNERSHIP

Section 3 — Limited liability partnership to be body corporate

(1)A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity 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.