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no more than 80% of profits may be distributed, interest is limited to the bond rate, and dissolution is altruistic (assets may not be distributed) the cooperative has legal personality and limited liability; the objective is the general benefit of the community and the social integration of citizens
Limited by Guarantee (Ltd./Gte.): a company limited by guarantee (non-profit company) Unlimited (ULtd.): A company with a share capital, similar to its limited company (Ltd., or PLC.) counterparts, but where the liability of the members or shareholders is not limited; Limited Liability Partnership (LLP): Only allowed in the state of Lagos, Nigeria.
Co-founded in 1964 by Walter Hachborn and headquartered in St. Jacobs, Ontario, the chain is cooperatively owned by over 1000 independently owned member stores. Stocksy United (Stocksy) is a Canadian multi-stakeholder platform cooperative, selling stock photos and videos on behalf of its international membership of 1500+ artist contributors.
With limited equity, the co-op has rules regarding pricing of shares when sold. The idea behind limited equity is to maintain affordable housing. A sub-set of the limited equity model is the no-equity model, which looks very much like renting, with a very low purchase price (comparable to a rental security deposit) and a monthly fee in lieu of ...
Agricultural cooperatives in Guinea. An agricultural cooperative, also known as a farmers' co-op, is a producer cooperative in which farmers pool their resources in certain areas of activities.
A private limited company is a limited company incorporated under the Companies Act 2013 (or one of its predecessor acts), with a minimum paid-up share capital (if any) of ₹ 1 lakh (US$1,200), with an article that restricts the transfer of its shares; it may have between two and two hundred members, and its name ends with "Private Limited ...
A worker cooperative is a cooperative owned and self-managed by its workers.This control may mean a firm where every worker-owner participates in decision-making in a democratic fashion, or it may refer to one in which management is elected by every worker-owner who each have one vote.
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company, or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets ...