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The video tutorial discusses changes to the Limited Liability Partnership (LLP) agreement. It emphasizes that the partnership agreement is the primary evidence of the LLP's activities. To make any changes, a supplemental agreement must be drafted, which serves as an addition to the initial agreement created at incorporation. Changes that can be made include altering the LLP's name, address, capital contributions, activities, or partners—whether replacing, removing, or adding them. Additionally, partners' designations can be changed. To ensure legality, the supplemental agreement must be executed on stamp paper and notarized.
