{"iri":"https://folio.openlegalstandard.org/R98E2kVwPFwTnP6oxYUt9HR","label":"Limited Liability Company","sub_class_of":["https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj","https://folio.openlegalstandard.org/RDdgYa5ZbqVnS9aGrOwQu5h","https://folio.openlegalstandard.org/Ru4xTEglN22D9fpGWBZpgs"],"comment":null,"deprecated":false,"preferred_label":"LLC","alternative_labels":["Limited Liability Company"],"translations":{"pt-br":"Empresa de responsabilidade limitada","de-de":"Gesellschaft mit beschränkter Haftung","fr-fr":"Société à responsabilité limitée","ja-jp":"有限責任会社","zh-cn":"有限责任公司"},"hidden_label":null,"definition":"A limited liability company (LLC) is a corporate structure in the United States whereby the owners are not personally liable for the company's debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":"ENTITY-LLC","description":null,"source":null,"country":null}