Officials in Limited Liability Companies and Companies with Additional Liability
Keywords:
limited liability company, additional liability company, officials, legal liability.Abstract
The author analyzes which persons are covered by the concept of officials, requirements for the officials of limited and additional liability companies and obstacles to the acquisition of the status of an official. The list of duties of officials and the types of responsibilities that arise for their breach have been clarified. Thus, the newly adopted Law of Ukraine “On LLC” provides for officials: joint and several liability with the members of the company for the compensation of losses caused to the company; subsidiary liability for company obligations; early termination of the contract (contract) with the company without payment of compensation. The study refers not only to the law on limited and additional liability companies, but also to other legal acts that regulate the legal status and liability of officials of the company of such type.
References
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