limited liability company


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Related to limited liability company: Private limited company, Limited liability partnership

limited liability company

n. Abbr. LLC
A company managed by members or elected managers, like a partnership, but with the liability of the members limited to the amount of capital they have invested in the business.
References in classic literature ?
I suppose I can't very well turn myself into a Limited Liability Company.
Shaun Riney, James Saros and Michael Stimler represented the seller, a limited liability company.
The Limited Liability Company (LLC) is a legal entity that combines the advantages of a partnership and a corporation.
The law also allows the juridical personality to set up a joint private or limited liability company whose owner shall only be liable about its obligations in view of the capital stated in the articles of association under the limited liability company provisions of the law.
Limited Liability Company (DOO or DOOEL) is companies in which the shareholders participate with one share each (basic contribution) in the company's predetermined basic capital.
Under the proposed Amendment Law, in order to register a pledge over shares in a UAE limited liability company, a pledge should not violate any provision of the Commercial Companies Law or any UAE law.
A limited liability company that wants to be an L3C must state in its articles of organization that the company is not designed to further political or legislative purposes and that "no significant purpose of the company" is the production of income or the appreciation of property.
Leaving aside the specialized types of legal entities, such as an agricultural company or credit union or similar, there are three main forms of profit seeking legal entities--the Individual enterprise, private limited liability company and public limited liability company.
partnership or limited liability company distributions, when and if
This symposium, "Limited Liability Companies at 20," is an epistemological exploration and story separating fact from fiction and the lessons to be learned from the meteoric rise of the limited liability company in the past twenty years.
He forms a legal entity, such as a corporation or limited liability company, which we'll call the "Company," that will be owned primarily by his sons and partially by Paul.
The limited liability company purchased the near 39-acre development at 4901 Asher Ave.

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