3 Limited liability partnership to be body corporate

Limited liability partnership to be body corporate.

 

3.

(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.