Limited partnership

A limited liability company (SL) or a limited liability partnership (LLC) is a commercial company with the status of a legal entity, the capital of which is divided into equal, cumulative and undivided shares. Its partners are not personally liable for the company's debts, but only for the amount of the capital contribution. According to information provided by Santander Bank.

References

• Mancuso, A. (2022). Your Limited Liability Company: An Operating Manual. Google Books.
• Mancuso, A. (2021). Nolo's Quick LLC: All You Need to Know About Limited Liability Companies. Google Books.
• Stooker, R. (2010). Master Limited Partnerships. Google Books.

Author: Mónica Guijarro,Gabriela Valera,Zaira Bancells