Pinpointing the Emergence of the Company Limited by Guarantee in Company Law: Historical Origins and Modern Day Review
30 Pages Posted: 2 Aug 2013 Last revised: 26 Jun 2014
Date Written: August 2, 2013
The origin of the "company limited by guarantee" is nearly impossible to pinpoint. While some experts believe that this type of business form sprang into being overnight, it is more likely that the company limited by guarantee slowly developed over centuries of time. The origins of the company limited by guarantee have a shadowy existence, which is likely attributable to the notion that this business form is comprised of bits and pieces of other business forms that existed in early English history.
Keywords: corporate law, company law, company limited by guarantee, English company law, legal history
JEL Classification: K22
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