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--- law:limited-liability [2026/07/21 19:30] – [Limited Liability] Humphrey Boa-Gart
+++ law:limited-liability [2026/07/21 19:37] (current) – [Corporations & Limited Companies] Humphrey Boa-Gart
@@ Line 26: / Line 26: @@
 These types of entities **//are not//** to be confused with LLC's. Unlike LLC's, corporations enjoy a form of full personhood, and also have more stringent registration & filing requirements with the state. If your business has to deal with a lot of partners or serious investors, and you need some serious legal [[x:servitor|servitors]] to keep them in line, you may want to consider upgrading to a Corporation.
+To make things even more confusing, some states allow LLC's to use "Ltd. Co." as a suffix on their business name to signify Limited Liability status, even though the abbreviation means //Limited Company// in other English-speaking countries. This is the case for the Institute's holding company, [[https://bestpoint.holdings|Best Point Holdings Ltd. Co.]], which despite this legally-protected misleading name, is in fact a Limited Liability Company and not a Limited Company.

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