Home » Nigeria » Nigeria CAMA 2020 » Section 746 Companies and Allied Matters Act (CAMA) 2020

Section 746 Companies and Allied Matters Act (CAMA) 2020

Section 746 CAMA 2020

Section 746 Companies and Allied Matters Act is about Limited liability partnership to be body corporate. It is under Chapter 1 (Nature of limited liability partnership) of the Act.

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

(2) A limited liability partnership shall have perpetual succession.

(3) Any change in the partners of a limited liability partnership does not affect the existence, rights or liabilities of the limited liability partnership.

See also  Section 57 Companies and Allied Matters Act 2020

More Posts

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

LawGlobal Hub is your innovative global resource of law and more. We ensure easy accessibility to the laws of countries around the world, among others