English translation: sociedad colectiva conforme a una ley estatal
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16:18 Feb 22, 2008
Spanish to English translations [PRO] Law/Patents - Law (general)
Spanish term or phrase:state law partnership
Se trata de un LImited Liability Agreement. El texto dice:
"Section 1.3 - No State Law Partnership; Liability to Third Parties: the Member intends that the Company not be a partnership (including, without limitation, a limited partnership) or joint venture, and that no Member be a partner or joint venturer of any other Member or manager, if applicable, for any purposes other than federal and state tax purposes, and that this Agreement not be construed to suggest otherwise.Except as otherwise required by law, no Member or manager, nor any of their respective officers, director, agents, stockholders, members or partners, shall be liable for the debts obligations or liabilities of the Company, including under a judgment decree or order of a court."