Phrases with «liability corporations»

"Liability corporations" refers to a type of legal business structure where the owners or shareholders have limited personal liability for the company's debts or legal issues. This means that their personal assets are generally protected from being used to pay off the company's debts. Full definition

Sentences with «liability corporations»

  • Some reform proposals that have come forward are to strip pensions of officials convicted of corruption, establishing an ethics commission and preventing limited liability corporations from donating anonymously to campaigns. (syracuse.com)
  • By a narrower margin, a majority supported closing the limited liability corporation loophole that allows some companies and individuals to give unlimited campaign contributions. (buffalonews.com)
  • Limited liability corporation IRAs have just as much capability of becoming self - directed as any other retirement account. (iraaa.org)
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