unlimited liability company

The bank was a partnership until 1929, when the partners adopted its current structure, forming themselves into a private unlimited liability company in which they were the sole shareholders.

In June 2008 the union was legally incorporated as an Unlimited Liability Company intermediary corporation to further continue improving the work conditions in the Japanese animation industry.

I am inclined to imagine farming done by tenant associations, by little democratic unlimited liability companies working under elected managers, and paying not a fixed rent but a share of the produce to the State.

In the USA, another notable example is the American Express Company, which once was a publicly traded unlimited liability company, re-incorporating itself to a limited liability company status only in 1965.

In July, one of Soyinka's musical projects, the Unlimited Liability Company, issued a long-playing record entitled I Love My Country, in which several prominent Nigerian musicians played songs composed by Soyinka.

Because lot owners must contribute funds to a body corporate in sufficient amounts to enable the body corporate to discharge its liabilities, the legal position of the body corporate is akin to that of an unlimited liability company.

Unlimited liability corporations exist in three of Canada's ten provinces - Alberta (AULCs for Alberta Unlimited Liability Corporation), Nova Scotia (NSULCs for Nova Scotia Unlimited Liability Company), and British Columbia.