Article 7 - Corporate capacity

(1) A Limited Liability Partnership has separate legal capacity from that of its Members.
(2) A Limited Liability Partnership has the capacity, rights and privileges of a natural person and, without limitation, may enter into contracts, sue and be sued and own assets of all types.
(3) Each Member of a Limited Liability Partnership shall be liable to contribute to its assets in the event of its being wound up to such extent as he has agreed to make such a contribution.
(4) In favour of a person who in good faith is a party to a transaction or other act to which the Limited Liability Partnership is party, the power of the Members of a Limited Liability Partnership to bind the Limited Liability Partnership, or authorise others to do so, shall be deemed free of any limitation under the Limited Liability Partnership Agreement.
(5) A contract may be made, varied or discharged on behalf of a Limited Liability Partnership, by any person acting under its authority, express or implied.
(6) A Document is executed by a Limited Liability Partnership if signed by two or more Members of a Limited Liability Partnership, and expressed (in whatever form of words) to be executed by the Limited Liability Partnership.