A partner of a limited liability partnership is, for the purpose of the business of the limited liability partnership, the agent of the limited liability partnership, but not of other partners.
Companies and Allied Matters Act 2020 · Part C
Section 765 Partner as agent
Cite as: Companies and Allied Matters Act 2020, section 765
What this section means
From the Part overview: CAMA 2020 Part C: limited liability partnerships (sections 746 to 794)
- A partner is the LLP’s agent but not the agent of the other partners (section 765).
Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.