A limited liability limited partnership (LLLP) is a limited partnership (LP) in which all partners, including the general partners, are protected from debts of the partnership.

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In an LLLP, all partners, including the general partners, have limited liability protection, meaning they are not personally responsible for the debts and obligations of the partnership beyond their investment in the partnership. This is different from a regular LP, where the general partners have unlimited liability for the partnership's debts.

A Limited Liability Limited Partnership (LLLP) Is a Limited Partnership