45a894fa_cture_of_Your_Business___SCORE__2
[0] Ltd. Liability Partnership [1] Most complex to organize. [3] Some state controls. [4] Partners divide profits. [5] Somewhat easy to discontinue. [6] Partners not liable.* [7] Partners taxed as personal income. [8] Expanded ability to raise capital. [2] 
Authority is divided among partners.
Choosing the Legal Structure of Your Business | SCORE
2