In case of limited liability limited partnerships (LLLPs), only the limited partners benefit from a full, status-based liability shield.

Name: In case of limited liability limited partnerships (LLLPs), only the limited partners benefit from a full, status-based liability shield.
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In an LLLP, both general and limited partners benefit from a liability shield, protecting them from personal liability for the partnership's debts and obligations.

In Case of Limited Liability Limited Partnerships (LLLPs), Only the Limited