Registered LLP: which statement is true?

• A. All partners must be licensed; certificate; same publishing; liability: each partner personally liable for own acts; not liable for others if not supervising; not liable for contractual debts except contributions; governed by professional licensing.
• B. RLLP frees partners from personal liability for professional acts.
• C. RLLP requires no publishing.
• D. RLLP can have non-professionals as partners.

Answer: (A)

In New York, a Registered Limited Liability Partnership for a professional firm is designed so that each partner must be a licensed professional, and the entity is formed and governed under professional licensing rules with the proper state filings (a certificate) and related publication requirements. The liability structure is key: a partner is personally liable for his own professional acts, and not for the professional acts of other partners merely because they are in the same firm, unless the partner is personally supervising or directing those acts. The partnership’s debts and obligations are not personal liabilities of the other partners beyond any capital contributions or personal guarantees. In short, this setup protects partners from vicarious liability for others’ acts while preserving liability for one’s own professional misconduct, and it requires license-based governance and formal filings. Non-professionals cannot be partners in a professional LLP, and it is not true that no publication is required or that partners are freed from personal liability for their own acts.