WEST VIRGINIA LEGISLATURE

2023 REGULAR SESSION

Introduced

Senate Bill 529

By Senators Woodrum, Barrett, Trump,  and Hamilton

[Introduced January 31, 2023; referred
to the Committee on the Judiciary]

A BILL to amend and reenact §47B-10-3 of the Code of West Virginia, 1931, as amended, relating to allowing for the formation of limited liability limited partnerships.

Be it enacted by the Legislature of West Virginia:

ARTICLE 10. LIMITED LIABILITY PARTNERSHIPS.

§47B-10-3. Name of registered limited liability partnership.

(a) The name of a registered limited liability partnership shall contain either the words Registered Limited Liability Partnership, or the abbreviation L.L.P. or LLP as the last words or letters of its name; or

(b) A registered limited liability limited partnership shall contain the words Registered Limited Liability Limited Partnership, or the abbreviation L.L.L.P. or LLLP as the last words or letters of its name.