Unlimited Company

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Related to Unlimited liability company: Limited liability company, NSULC

Unlimited Company

A company in which all members or shareholders have total and joint responsibility to cover all debts and other liabilities the company generates, regardless of how much capital each contributes. An unlimited company presents higher risk than a limited company (such as a publicly-traded company or a limited liability company). However, the finances of an unlimited company are able to remain private and, for that reason, it may be a preferable business structure in some circumstances. One may register an unlimited company in the United Kingdom, Germany, Ireland and many Commonwealth countries.
References in periodicals archive ?
acceptable within the context of an unlimited liability company.
a Colorado corporation; Zavanna Canada Corporation, a Nova Scotia unlimited liability company v.
The outstanding euro-denominated 8-3/8% Senior Notes Due 2008 (the "Euro Notes") and British-pound denominated 8-7/8% Senior Notes Due 2011 (the "Pound Notes" and, together with the Euro Notes, the "Finance II Notes") issued by Calpine's indirect, wholly-owned subsidiary Calpine Canada Energy Finance II ULC, a Nova Scotia unlimited liability company ("Finance II"), and -- The U.
Danaher Corporation announced today that its indirect wholly-owned subsidiary, Helen Nova Scotia Unlimited Liability Company ("Offeror"), has acquired 94.
Helaba Dublin is incorporated under the Companies Acts 1963 to 1990 as an unlimited liability company and is wholly owned by Landesbank Hessen- Thueringen Girozentrale in Germany.