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.”

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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.