: liability (as of a stockholder or shipowner) limited by statute or treaty
Examples of limited liability in a Sentence
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The home last sold a year earlier, in October 2023, for $715,000 to a limited liability company.—Genevieve Redsten, Journal Sentinel, 4 Nov. 2024 Public records, including loan filings and statements of authority, indicate that Baumgarten owns CBZ’s properties through limited liability companies that were initially registered to his New York address.—Joe Rubino, The Denver Post, 3 Nov. 2024 Grace Ocean Private Limited and Synergy filed a limited liability claim in Maryland federal court in April, trying to stave off future demands from people and entities harmed by the bridge collapse.—N'dea Yancey-Bragg, USA TODAY, 17 Sep. 2024 At this point, an assignment order may sound suspiciously like a charging order which similarly reassigns the distributions due to a debtor from a partnership or limited liability company to a creditor.—Jay Adkisson, Forbes, 13 Oct. 2024 See all Example Sentences for limited liability
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