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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 618 Companies and Allied Matters Act (CAMA) 2020

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