No.
When an investor's liability is limited only to the initial investment
No
An LLC (Limited Liability Corporation).
Not exactly, ExxonMobile is a Limited Liability Company (LLC). An LLC is a company not a corporation.
PLLC is a combination of two business forms. The partnership and the LLC. PLLC stands for partnership limited liability corporation.
LTD stands for Limited Liability. Either type of corporation would qualify in that the owners' liability is limited.
general corporation Close corporation Limited Liability Corporation
limited liability corporation
California Limited Liability Company Act (“LLC Act”) apply to limited liability corporation. Visit www.corp.ca.gov for more details.
Corporation
Limited liability is a major advantage of a corporation.