Arkansas Liimited Liability Limited Partnership Definition
Arkansas Liimited Liability Limited Partnership
DEFINITION
An Arkansas limited liability limited partnership (LLLP) is a type of limited partnership. One effect of
registration is to limit the vicarious liability of the general partners in the same fashion that
registration as an LLP limits the liability of the general partners of a general partnership.
Limited Liability Limited Partnerships:
• Are created by filing a Certificate of Limited Liability Limited Partnership.
• Are a type of Limited Partnership.
• Must file an annual report with the Arkansas Secretary of State.
• Are required to file informational returns with the Internal Revenue Service and Arkansas
Income Tax Division
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