![]() ![]() Section 21: Community News Subject: Ortt and DeAngelus Split Msg# 1175527
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A partner has a personal financial liability for ALL of the debts of the partnership, a member of a LLC is only liable to the extent of his or her investment. | ||||||
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For reference, the above message is a reply to a message where: Blah, blah, blah. That’s your answer to saying it’s not a partnership when the company refers to partnership and partners that you said don’t exist? Legally a partner has a financial interest whereas a member does not. |
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