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URL:  http://boards.fool.com/isnt-an-llc-simply-a-form-of-partnership-wont-24292082.aspx

Subject:  Re: S corp vs LLC Date:  6/30/2006  1:03 PM
Author:  TMFPMarti Number:  87623 of 121572

Isn't an LLC simply a form of partnership? Won't it have all the limited liabilty you would have with a partnership?

Not a lawyer here, and you really need to talk to one. AFAIK a general partner, as opposed to a limited partner, has bupkus in the way of liability protection.

Phil
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