How does LLP partner liability work?

 
<p dir=”ltr” style=”line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;”><span style=”font-size: 13pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;”>The liability of the partners in an </span><span style=”font-size: 13pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;”>LLP partner liability</span><span style=”font-size: 13pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;”> is restricted to the sum of money each partner is willing to invest in the LLP. If a partner is not in charge of the actions, negligence or misconduct of another partner, then that partner is not personally liable for the other’s actions. This legal protection is beneficial for the protection of personal property and as an incentive to shared management of the business. </span></p>