State statutes covering LLPs typically state that if the procedures for forming an LLP are not complied with, the business will be treated as a(n):

Name: State statutes covering LLPs typically state that if the procedures for forming an LLP are not complied with, the business will be treated as a(n):
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

If the procedures for forming an LLP are not complied with, the business is typically treated as a general partnership, which does not provide the same liability protections as an LLP.

State Statutes Covering LLPs Typically State That If the Procedures