https://spec.edmcouncil.org/fibo/ontology/BE/Partnerships/Partnerships/LimitedLiabilityLimitedPartnership
limited partnership that consists of one or more general partners who are liable for the obligations of the entity as well as one or more protected limited liability partners
Instances of fibo-be-ptr-ptr:LimitedLiabilityLimitedPartnership can have the following properties:
| PROPERTY | TYPE | DESCRIPTION | RANGE |
|---|
@prefix cmns-av: <https://www.omg.org/spec/Commons/AnnotationVocabulary/> .
@prefix fibo-be-ptr-ptr: <https://spec.edmcouncil.org/fibo/ontology/BE/Partnerships/Partnerships/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
fibo-be-ptr-ptr:LimitedLiabilityLimitedPartnership a owl:Class ;
rdfs:label "limited liability limited partnership" ;
rdfs:isDefinedBy fibo-be-ptr-ptr: ;
rdfs:subClassOf fibo-be-ptr-ptr:LimitedPartnership ;
skos:definition "limited partnership that consists of one or more general partners who are liable for the obligations of the entity as well as one or more protected limited liability partners" ;
cmns-av:abbreviation "LLLP" ;
cmns-av:explanatoryNote "The primary difference between an LLLP and more traditional limited partnership is that an LLLP allows liability transfer from the general partner's (to external insurer) for debts and obligations of the limited partnership. Typically, general partners manage the LLLP, while the limited partners' interest is primarily for investment purposes." .