Limited liability partnership in a sentence
Nettet27. mar. 2024 · The partners in a general partnership are each fully liable for the company’s debts. For tax purposes, a partnership is considered a pass-through business. The partners’ report their...
Limited liability partnership in a sentence
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Nettet19. okt. 2024 · limited liability partnership noun : a partnership in which the partnership is liable as an entity for debts and obligations and the partners are not liable personally Example Sentences Recent Examples on the Web Mobile Greyhound Racing is a limited liability partnership that is affiliated with the Poarch Band of Creek Indians. NettetLIMITED LIABILITY in a sentence Usage examples usage examples phrases synonyms Sentences with phrase «limited liability» (see phrases) Limited liability is where a …
NettetDomestic limited partnership filings filed prior to October 1, 1986, with the Office of Register of Deeds pursuant to G.S. 59-2 (a) (2) shall evidence the existence of limited partnerships formed prior to October 1, 1986, and shall be public notice of only those matters contained in G.S. 59-201 (a) and shall be used for no other purpose. Nettet2] Unlimited Liability In a unique feature, all partners have unlimited liability in the business. The partners are all individually and jointly liable for the firm and the payment of all debts. This means that even personal assets of a partner can be liquidated to meet the debts of the firm.
Nettet11. mar. 2024 · Meaning: n. the liability of a firm's owners for no more than the capital they have invested in the firm. Random good picture Not show 1. Only limited … NettetLiability partnership definition: If you say that someone or something is a liability , you mean that they cause a lot of... Meaning, pronunciation, translations and examples
Nettet29. nov. 2024 · A limited partner is a limited partnership member who makes a contribution to the limited partnership and is only liable for the company’s liabilities up …
NettetRelated to NBVME Preexisting Test Items. Contractor means the individual or entity, that has entered into this contract with the Commonwealth.. Contract means the agreement that results from the acceptance of a bid by an organ of state;. Agreement has the meaning set forth in the preamble.. Person means any individual, corporation, limited liability … profile is not digitally signedNettetlimited partnership At inception, institutional investors make an unfunded commitment to the limited partnership, which is then drawn over the term of the fund. From Wikipedia … remington thunderboltNettetExamples of Jersey limited liability partnership in a sentence. LANDLORD: GLB 3, L.L.C., a New Jersey limited liability partnership By: Glenborough Realty Trust Incorporated, a Maryland corporation, Its Manager By: /s/ [ILLEGIBLE] Its Executive Vice President Consent of Lessor The undersigned, GLB 3, L.L.C., Lessor under the Lease, … remington thoroenduroNettetBasically, there are two ways that an individual or a legal entity, such as a trust, corporation, limited liability company, or partnership, may legally acquire NFA firearms, if the individual or entity is not prohibited by federal, state, or local law from receiving or possessing firearms: (1) by transfer after approval by the ATF of a registered NFA … profile kingwood txNettet22. feb. 2024 · The meaning of LIMITED LIABILITY is liability (as of a stockholder or shipowner) limited by statute or treaty. ... These example sentences are selected automatically from various online news sources to reflect current usage of the word 'limited ... limited liability. limited liability partnership. See More Nearby Entries . … profile is missingNettetLIMITED LIABILITY in a sentence Usage examples usage examples phrases synonyms Sentences with phrase «limited liability» (see phrases) Limited liability is where a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership. (Wikipedia) (See all definitions) remington tinsNettetLearn how to use "liability" in a sentence with 500 example sentences on YourDictionary. Dictionary Thesaurus Sentences Examples Knowledge ... She wants … remington the sergeant bronze